РОСОSHOT ON POCO F2 PROmand levels have been determined to be 20% forlow demand, 30% for medium demand, and 50% forhigh demand.DEMANDDEMAND IS DEMANDIS LOWMEDIUMIS HIGH150140 o 90130 3D10Ardmore, OK85110Sweetwater, TX90100Lake Charles, LA110120(a) Which location would be selected based on theoptimistic eriterion? Ardnore, ok pe(b) Which location would be selected based on therndpessimistic criterion?Lake auleyislow РОСОSHOT ON POCO F2 PRO(c) Which location would be selected based on themínimax regret criterion? 30130(d) Which location should be selected to minimizethe expected cost of operation? Saotuoter(e) How much is a perfect forecast of the demandworth?(f) Which location would minimize the expectedopportunity loss?(g) What is the expected value of perfect informetion in this situation?

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Description: РОСОSHOT ON POCO F2 PROmand levels have been determined to be 20% forlow demand, 30% for medium demand, and 50% forhigh demand.DEMANDDEMAND IS DEMANDIS LOWMEDIUMIS HIGH150140 o 90130 3D10Ardmore, OK85110Sweetwater, TX90100Lake Charles, LA110120(a) W

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Business

Operations Management

POCO SHOT ON POCO F2 PRO Cis fiave Been determined to be 20% for low demand, 30% for medium demand, and 50% for high demand. DEMAND DEMAND IS DEMAND IS LOW MEDIUM IS HIGH 150 St 140 40 130 3D 0 Ardmore, OK 85 110 Sweetwater, TX 90 100 Lake Charles, LA 110 120 (a) Which location would be selected based on the optimistic criterion? Ardnoe, ok perne? (b) Which location would be selected based on the pessimistic criterion? Lave auley is low

POCO SHOT ON POCO F2 PRO Cis fiave Been determined to be 20% for low demand, 30% for medium demand, and 50% for high demand. DEMAND DEMAND IS DEMAND IS LOW MEDIUM IS HIGH 150 St 140 40 130 3D 0 Ardmore, OK 85 110 Sweetwater, TX 90 100 Lake Charles, LA 110 120 (a) Which location would be selected based on the optimistic criterion? Ardnoe, ok perne? (b) Which location would be selected based on the pessimistic criterion? Lave auley is low

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter5: Network Models

Section5.3: Assignment Models

Problem 12P

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