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Author Question: There are three equally likely states of nature (High, Medium, and Low demand). If the large factory ... (Read 27 times)

rmenurse

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on: Dec 3, 2019

Question 1

When solving decision trees, what phrase represents the act of dropping an alternative from consideration because it is less favorable than another available option?
◦ prune the branch
◦ shake the tree
◦ open the hatch
◦ cut the leaf
◦ punt the ball

Question 2

There are three equally likely states of nature (High, Medium, and Low demand). If the large factory will post profits of $50,000, $25,000, and - $10,000 under these states of nature, respectively, what is the EMV of the factory?
◦ $2,166.67
◦ $28,333.33
◦ $25,000
◦ $50,000
◦ $21,666.67
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Marked as best answer by rmenurse on Dec 3, 2019

Carliemb17

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Reply #1 on: Dec 3, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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rmenurse

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Reply 2 on: Dec 3, 2019
Wow, this really help

momolu

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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