OMGT || CORRECTLY SOLVED.
Revised BK, conduct mkt research, max EMV decisoins is BK90? correct answers False
Revised BK, what is BK's max EMV net of survey cost if BK chooses to conduct the mkt
research? correct answers $14,784.60
Revised data BK, what is BK's max EMV net survey cost if BK chooses to conduct the mkt
research and results indicates Favorable? correct answers $17,077
What is the EMV for BK70? correct answers $11,600
What is the max EMV if BK chooses not to hire Campbell mktg? correct answers $14,000
What is BK's max EMV decision? correct answers BK90
Revised data BK, what is BK's max EMV decision? correct answers BK50
Revised data BK, what is BK's EVPI? correct answers $1,600
What is BK's regret if they decide on BK70 and S1=80 occurs? correct answers 2,000
What in BK's min-max regret decision? correct answers BK90
What is BK's regret if they decide on BK90 and S3=120 occurs? correct answers 0
Revised data BK, what is BK's maxi-min payoff? correct answers $11,000
Revised data BK, what is BK's regret if they decide on BK70 and S1=80 occurs? correct
answers 3,000
Unloading problem, How many arrivals come in night 1? correct answers 3
Unloading problem, how many trucks are delayed in night 3? correct answers 1
Unloading problem, what is the average # of arrivals? correct answers 2.4
Barbara Flynn, What is the average number of boxes per day sold at a discount at the end of 5
days? correct answers 4
Barbara Flynn, what is the total revenue generated from discounted sales over all 5 days?
correct answers $75,000
Barbara Flynn, how many lunch boxes are sold during day 2 at the regular price? correct
answers 20
Newspaper, what is the demand for day 5? correct answers 32
Newspaper, what are the revenues in day 2? correct answers 15
Revised BK, conduct mkt research, max EMV decisoins is BK90? correct answers False
Revised BK, what is BK's max EMV net of survey cost if BK chooses to conduct the mkt
research? correct answers $14,784.60
Revised data BK, what is BK's max EMV net survey cost if BK chooses to conduct the mkt
research and results indicates Favorable? correct answers $17,077
What is the EMV for BK70? correct answers $11,600
What is the max EMV if BK chooses not to hire Campbell mktg? correct answers $14,000
What is BK's max EMV decision? correct answers BK90
Revised data BK, what is BK's max EMV decision? correct answers BK50
Revised data BK, what is BK's EVPI? correct answers $1,600
What is BK's regret if they decide on BK70 and S1=80 occurs? correct answers 2,000
What in BK's min-max regret decision? correct answers BK90
What is BK's regret if they decide on BK90 and S3=120 occurs? correct answers 0
Revised data BK, what is BK's maxi-min payoff? correct answers $11,000
Revised data BK, what is BK's regret if they decide on BK70 and S1=80 occurs? correct
answers 3,000
Unloading problem, How many arrivals come in night 1? correct answers 3
Unloading problem, how many trucks are delayed in night 3? correct answers 1
Unloading problem, what is the average # of arrivals? correct answers 2.4
Barbara Flynn, What is the average number of boxes per day sold at a discount at the end of 5
days? correct answers 4
Barbara Flynn, what is the total revenue generated from discounted sales over all 5 days?
correct answers $75,000
Barbara Flynn, how many lunch boxes are sold during day 2 at the regular price? correct
answers 20
Newspaper, what is the demand for day 5? correct answers 32
Newspaper, what are the revenues in day 2? correct answers 15
