Homework Answers
Using treeplan plugin for excel,the decision tree is drawn as shown below :
The course of action that has highest expected value is Expand with the expected monetary value of $ 1.57 million.
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SUI UC value OIP mine the course of action that has the highest expected payoff for...
Question 9 Use the following decision tree, but update the probabilities as follows: Probability of Small...
Question 9 Use the following decision tree, but update the probabilities as follows: Probability of Small Demand = 20% Probability of Medium Demand = 14% Probability of Large Demand = remaining probability What is the expected value with perfect information (in millions)? $1.0" Do nothing Small demand (4) Expand Medium demand (.5) Large demand (1) Do nothing Expand Build Subcontract Do nothing Other use #1 Other use #2 $1.0 Small demand (4) Expand Medium demand (.5) $1.6 Large demand (1)...
A) Find the expected monetary value for each of the alternatives (subcontract, expand, and build)...
a) Find the expected monetary value for each of the
alternatives (subcontract, expand, and build)
b) Determine the alternative that should be selected
in order to maximize the expected monetary value
rur uount Kubota US $1.0% Do nothing 1.3 $1.3 $1.5 $16k $1.8 Do nothing Do nothing $0.7 Other use #1 $1.5 Expand Medium demand (5) $1.6 Do nothing $1.6 Subcontract $1.5 $1.7 Do nothing $0.9 $1.4 $1.0 $1.0 $1.1 Other use #1 Small demand (.4) Do nothing nd (5)...
1.Given is a decision payoff table. Future Demand Alternatives Low Moderate High Small Facility 53 31...
1.Given is a decision payoff table. Future Demand Alternatives Low Moderate High Small Facility 53 31 22 Medium Facility 29 42 32 Large Facility -5 30 53 a) The best decision under uncertainty using MAXIMAX is to select facility b) The best decision under uncertainty using MAXIMIN is to select facility c) The best decision under uncertainty using LAPLACE/EQUALITY LIKELY is to select facility d) If the probabilities for Future Demand when it is Low = 0.35, Moderate = 0.30,...
Problem 5-4 AlwaysRain Irrigation, Inc., would like to determine capacity requirements for the next four years....
Problem 5-4 AlwaysRain Irrigation, Inc., would like to determine capacity requirements for the next four years. Currently two production lines are in place for making bronze and plastic sprinklers. Three types of sprinklers are available in both bronze and plastic: 90-degree nozzle sprinklers, 180-degree nozzle sprinklers, and 360-degree nozzle sprinklers. Management has forecast demand for the next four years as follows: YEARLY DEMAND 1 (IN 000s) 2 (IN 000s) 3 (IN 000s) 4 (IN 000s) Plastic 90 Plastic 180 Plastic...
Lecture Exercise #12 Critical Path Method Determine the early start, early finish, late start, late finish...
Lecture Exercise #12 Critical Path Method Determine the early start, early finish, late start, late finish times for each activity Identify the critical path . Activity А Time (days) 6 7 3 Predecessor(s) None None B с A 2 A E 4 B F 6 B 10 C. E D. F H 7 Lecture Exercise #13 Project Crashing Activity Predecessor(s) Time (weeks) Normal Crash 3 2 2 1 А B None None None с 1 1 Cost Normal Crash 1000...
assignment 1a-d in Python. please explain your steps, thanks in advance. This is the only information...
assignment 1a-d in Python. please explain your steps, thanks in
advance. This is the only information that we got for this practice
exercise, my teacher said that we should try to get the output
literally as in the example.
Assignment 1 (a: 1 point; b: 1 point; c: 2 points; d: 2 points) Your goal is to implement functions fac(n), cos1(x, n) and cos2 (x, n) and a small test program in the file A1.py and to test the functions...
9. value: 8.00 points PA 13-6 To ensure a full line of outdoor clothing and accessories,...
9. value: 8.00 points PA 13-6 To ensure a full line of outdoor clothing and accessories, the. Use Table 13.4 To ensure a full line of outdoor clothing and accessories, the marketing department at Teddy Bower insists that they also sell waterproof hunting boots. Unfortunately, Teddy Bower does not have expertise in manufacturing those kinds of boots. Hence, Teddy Bower contacted several Taiwanese suppliers to request quotes. Due to competition, Teddy Bower knows that it cannot sell these boots for...
Try to write two pseudo-codes for the tree-structural global sum, one for a shared-memory setting and...
Try to write two pseudo-codes for the tree-structural global sum, one for a shared-memory setting and the other for a distributed-memory setting. First consider how this might be done in a shared-memory setting. Then consider how this might be done in a distributed-memory setting. In the shared-memory setting, which variables are shared and which are private? and Suppose we have a program that generates large quantities of random floating point data that it stores in an array. In order to...
1) We use this formula: [Experimental value – Theoretical value]/ [Theoretical value] to calculate: Group of...
1) We use this formula: [Experimental value – Theoretical value]/ [Theoretical value] to calculate: Group of answer choices Atomic decay Biased Error Relative percent error Efficiency Redshift 2)You measure the diameter of a cylinder 5 times and get five different values (d1, d2, d3, d4, d5.) Then, the average value would be: Group of answer choices (d1 x d2 x d3 x d4 x d5) divided by 5 (d1 + d2 + d3 + d4 + d5) divided by 5...
Case 15.2 Glaser Machine Works Glaser Machine Works has experienced a significant change in its business...
Case 15.2 Glaser Machine Works Glaser Machine Works has experienced a significant change in its business operations over the past 50 years. Glaser started business as a machine shop that produced specialty tools and products for the timber and lumber industry. This was a logical fit, given its location in the southern part of the United States. However, over the years, Glaser looked to expand its offerings beyond the lumber and timber industry. Initially, its small size coupled with its...
Question 9 Use the following decision tree, but update the probabilities as follows: Probability of Small Demand = 20% Probability of Medium Demand = 14% Probability of Large Demand = remaining probability What is the expected value with perfect information (in millions)? $1.0" Do nothing Small demand (4) Expand Medium demand (.5) Large demand (1) Do nothing Expand Build Subcontract Do nothing Other use #1 Other use #2 $1.0 Small demand (4) Expand Medium demand (.5) $1.6 Large demand (1)...
a) Find the expected monetary value for each of the
alternatives (subcontract, expand, and build)
b) Determine the alternative that should be selected
in order to maximize the expected monetary value
rur uount Kubota US $1.0% Do nothing 1.3 $1.3 $1.5 $16k $1.8 Do nothing Do nothing $0.7 Other use #1 $1.5 Expand Medium demand (5) $1.6 Do nothing $1.6 Subcontract $1.5 $1.7 Do nothing $0.9 $1.4 $1.0 $1.0 $1.1 Other use #1 Small demand (.4) Do nothing nd (5)...
Problem 5-4 AlwaysRain Irrigation, Inc., would like to determine capacity requirements for the next four years. Currently two production lines are in place for making bronze and plastic sprinklers. Three types of sprinklers are available in both bronze and plastic: 90-degree nozzle sprinklers, 180-degree nozzle sprinklers, and 360-degree nozzle sprinklers. Management has forecast demand for the next four years as follows: YEARLY DEMAND 1 (IN 000s) 2 (IN 000s) 3 (IN 000s) 4 (IN 000s) Plastic 90 Plastic 180 Plastic...
Lecture Exercise #12 Critical Path Method Determine the early start, early finish, late start, late finish times for each activity Identify the critical path . Activity А Time (days) 6 7 3 Predecessor(s) None None B с A 2 A E 4 B F 6 B 10 C. E D. F H 7 Lecture Exercise #13 Project Crashing Activity Predecessor(s) Time (weeks) Normal Crash 3 2 2 1 А B None None None с 1 1 Cost Normal Crash 1000...
assignment 1a-d in Python. please explain your steps, thanks in
advance. This is the only information that we got for this practice
exercise, my teacher said that we should try to get the output
literally as in the example.
Assignment 1 (a: 1 point; b: 1 point; c: 2 points; d: 2 points) Your goal is to implement functions fac(n), cos1(x, n) and cos2 (x, n) and a small test program in the file A1.py and to test the functions...
9. value: 8.00 points PA 13-6 To ensure a full line of outdoor clothing and accessories, the. Use Table 13.4 To ensure a full line of outdoor clothing and accessories, the marketing department at Teddy Bower insists that they also sell waterproof hunting boots. Unfortunately, Teddy Bower does not have expertise in manufacturing those kinds of boots. Hence, Teddy Bower contacted several Taiwanese suppliers to request quotes. Due to competition, Teddy Bower knows that it cannot sell these boots for...
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