Please answer the attached question below
Answer : c) three
As for Maxima criteria, the best gain of the selected one is more the best gains of all other options.
Here best gain for three beauticians is 300 which is more than best gain for one and two beauticians.
Please answer the attached question below The new owner of a beauty shop is trying to...
Answer the question thats attached. Choice answers are provided
below
The operations manager for a well-drilling company must recommend whether to build a new facility, expand his existing one, or do nothing. He estimates that long-run profits (in $000) will vary with the amount of precipitation (rainfall) as follows: PRECIPITATION ALTERNATIVE LOW NORMAL HIGH Do Nothing (100) 100 300 Expand Build New 350 500 750300 200 If he uses the minimax regret criterion, which alternative will he decide to select?...
he he tolenwine table presents the aetivitiles of s small grojest and thetr tme The precedence relationships among the activities are also p Duration Activity Predecessor 2 4 C, D, E Draw the network of the project showing the activities and their time durations Note that this should be a AON network). a) Using the time durations for each activity, determine the critical path for the project network. b) decide whether on. She 52. The local operations manager for the...
please use attached photo for reference to the following
questions.
1. using the Conservative (aka macimin) strategy: what is the
net revenue (in thousands of dollars) under the worst-case scenarko
for "one examiner"?
2. using the Conservative (aka maximin) strategy: what is thr
net revenue (in thiusands of dollars) under the worst case scenario
for "two examiners"?
3. using the Conservative (aka maximin) strategy: what is thr
net revenue (in thiusands of dollars) under the worst case scenario
for "three...
The local operations manager for the Internal Revenue Service must decide whether to hire one, two, or three temporary tax examiners for the upcoming tax season. She estimates that net revenues (in thousands of dollars) will vary with how well taxpayers comply with the new tax code just passed by Congress, as follows: NUMBER OF EXAMINERS One Two Three COMPLIANCE LOW NORMAL 50 50 100 60 150 70 HIGH 50 20 -10 If she uses the Opportunity-Loss (aka minmax regret)...
Please use table for reference to the following questions:
1. Using the Conservative (Aka maximin) strategy: What is the
net revenue (in thousands of dollars) under the Worst-case scenario
for one examiner?
2. Using the Conservative (Aka maximin) strategy: What is the
net revenue (in thousands of dollars) under the Worst-case scenario
for two examiners?
3. Using the Conservative (Aka maximin) strategy: What is the
net revenue (in thousands of dollars) under the Worst-case scenario
for two examiners?
4. If...
Please provide correct answer for part B.
A manager is trying to decide whether to buy one machine or two.
If only one is purchased and demand proves to be excessive, the
second machine can be purchased later. Some sales will be lost,
however, because the lead time for producing this type of machine
is six months. In addition, the cost per machine will be lower if
both are purchased at the same time.
The probability of low demand is...
Tim's Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has divided sales into two categories, as follows: Product Sales Sales Invoice Commission Price Cost Туре High quality Medium- $1,500 $800 $100 850 520 80 quality Three-quarters of the shop's sales are medium-quality bikes. The shop's annual fixed expenses are $168,750. (In the following requirements, ignore income taxes.) Complete this question by entering your answers in the tabs below. Required 4 Required 1 Required 2...
Tim's Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has divided sales into two categories, as follows: Product Sales Price Invoice Sales Commission Cost Туре High quality Medium quality $1,500 $800 $100 850 520 80 Three-quarters of the shop's sales are medium-quality bikes. The shop's annual fixed expenses are $168,750. (In the following requirements, ignore income taxes.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 5...
The local operations manager for the Internal Revenue Service must decide whether to hire one, two, or three temporary tax examiners for the upcoming tax season. She estimates that net revenues (in thousands of dollars) will vary with how well taxpayers comply with the new tax code just passed by Congress, as follows: NUMBER OF EXAMINERS One Two Three COMPLIANCE LOW NORMAL 50 50 100 60 150 70 HIGH 50 20 -10 Using the Opportunity-Loss (aka minmax regret) strategy: What...
questions 1-5
Marlow Manufacturing's CEO Manny Marlow is trying to make a decision about their best-selling product, Air in a Jug. Their 3 alternatives are to expand production, reduce production or make no change in their level of production. Marlow's market research department has been working with the sales reps and have determined the potential payoffs for their 3 alternatives under 3 potential market conditions. This information has been used to construct the payoff table shown below High Moderate Low...