Management Science: OMGT 6613 Exam 1 (final score: 80%, all highlighted answers are correct)

Management Science: OMGT 6613
Exam 1 (final score: 80%, all highlighted answers are correct)

PRACTICE 1 (did not count towards grade)
Question 1
During the time that Capt. Duncan had momentarily forgotten any and all
information given to him, if he were a worrier, what would his regret be if the
activity was from troops and he had identified it as friendly?
250

Question 2
During the time that Capt. Duncan had momentarily forgotten any and all
information given to him, what would his payoff have been if he was a
"worrier"?

assume friendlies/civilians, do not fire
assume troops, fire rockets
assume armored column, fire missiles
600
250
200
none of these

Question 3
During the time that Capt. Duncan had momentarily forgotten any and all
information given to him, what payoff would he have made if he was a
pessimist?

assume friendlies/civilians, do not fire
assume troops, fire rockets
assume armored column, fire missiles
0
-200
none of these

Question 4

, During the time that Capt. Duncan had momentarily forgotten any and all
information given to him, if he were a worrier, what would his regret be if the
activity was from civilians and he had identified it as troops?
50

Question 5
During the time that Capt. Duncan had momentarily forgotten any and all
information given to him, if he were a worrier, what would his regret be if the
activity was friendly and he had identified it as friendly?
0

Question 6
What is Capt. Duncan's max EMV payoff?

assume troops, fire rockets
assume arrmored column, fire missiles.
assume civilians/friendlies, don't fire
0
212.5
255
none of these

Question 7
What is Capt. Duncan's expected value of certain information?

50
305

Question 8
If a civilian offered to sell information about the activity to intelligence officers
that would cost the equivalent of 10 MU's, should they strike the bargain?

no
yes
not enough information given to make the decision

Question 9