A= Accident caused by blue cab B= witnesses told the cab was blue.It is easy and straightforward to have probability of P(A)= 15% and P(B/A) is 85%. Following the law of total probability.<span><span><span>P(D)</span><span>=P(D|H)P(H)+P(D|<span>¯H</span>)P(<span>¯H</span>)</span></span><span> <span>=0.8⋅0.15+0.2⋅0.85=0.29</span></span></span>Therefore I get <span>P(H|D)=41%</span>. Thus, even if the witness said that the cab involved in the accident was Blue, the probability of this being true is only <span>41%</span>.
<span>A Decision Support System is a computerized information system that facilitates an organization's decision-making approach. It enables the company to analyze and plow through a massive stream of data, compile the results which could be used to solve problems and make better informed decisions.
They play a central of roles in a business environment. They help an organization or business keep inventories of information assets (including legacy and relational data sources, cubes). They also help to compare and contrast sales figures between one period and the next. Dss help in projeected revenue estimate based on product sales assumptions. They also assist in theoretical and technical issues in the support of borderline decision</span>
Answer:
A parameter table was constructed to show the transportation problem and to also obtain an optimal solution.
Explanation:
<u>Solution</u>
(a) the first step is to prepare the problem as a transportation problem by establishing the appropriate parameter table
1 2 3 Supply
Source 1 31 45 38 400
(Plant) 2 29 41 45 600
3 32 46 40 400
4 28 42 M 600
5 29 43 M 1000
Demand 600 1000 800
The total supply is = 400 + 600 + 400+ 600+ 1000= 3000
Total demand is = 600 + 1000 + 800 = 2400
(b) since the problem given is an imbalanced transportation problem,to make it a balance transportation problem we will make use of what is called the dummy destination for this numbers 3000 - 2400 = 600
1 2 3 4 (Dummy) Supply
Source 1 31 45 38 0 400
(Plant) 2 29 41 45 0 600
3 32 46 40 0 400
4 28 42 M 0 600
5 29 43 M 0 100
Demand 600 1000 800 600
The positive independent number of allocations is equal to m+n -1 = 5 + 4-1 =8
This solution is a basic feasible solution called a non -degenerate
The cost of initial transportation is he initial transportation cost=31*400+29*200+41*400+46*400+42*200+M*400+M*400+0*600
=$61400+800M
Note: kindly find an attached document of the part of the solution of the work.
Answer:
The correct answer is letter "C": the employees perceive the outcome as negative.
Explanation:
Procedural fairness requires high-rank executives to make decisions without showing any preference. In the labor field, given the case that during a process of change the employees see the results as nonproductive, procedural fairness comes into place to find out what is bothering the employees and if there is a way to change it, to implement it for the good of the organization.
Answer and Explanation:
The matching is given below:
1. Historical cost: Historical cost is the cost that should be shown in the balance sheet. It is known as the real cost or original cost
hence, the correct option is C
2. Current cost: The current cost is the cost that should be incurred for the acquisition of an asset
Therefore the correct option is A
3. Net realizable value: The net realizable value is the value that could be determined by deducting any direct cost from the sale value also it would be use for pay off the liabilities
Therefore the correct option is D
4. Present value of future cash flows: The present value would be discounted at the particular rate of the market
Therefore the correct option is E.
5. Current market price: The amount of money that would be received when the asset is sold
Hence, the correct option is B.
