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ehidna [41]
2 years ago
7

________leads to better quality and lower prices?

Business
1 answer:
Nataly [62]2 years ago
5 0

Answer:

a

Explanation:

because it makes sense in the sentence

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D to limit the amount of financial loss if there is an illness or injury
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Telecomp is a U.S.-based manufacturer of cellular telephones. It is planning to build a new manufacturing and distribution facil
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Answer:

a. Maximin =  19.0

b. Minimax  = 17.6

c. Hurwicz ( 0.40)  = Taiwan

d. Equal likelihood = Taiwan

Explanation:

Remember, we are told to: Note that since the payoff is cost, the maximax criteria becomes minimax and maximin becomes minimax

a) Maximin: Since the payoff is cost, we begin by determining the maximum cost for each alternative and then selecting the one which gives the minimum of these maximums. (minimax)

b) Minimax: Since the payoff is cost, we begin by determining the minimum cost for each alternative and then selecting the one which gives the maximum of these minimums. (maximin).

c) Hurwicz (0.40): In this method, we add and multiply each payoff value by alpha (0.4).

South Korea = 15.2 (0.4) + 21.7 (0.6) = 19.1 ( remember, in $ millions)

China = 17.6 (0.4) + 19.0 (0.6) = 18.44

Taiwan = 14.9 (0.4) + 19.2 (0.6) = 17.48

Poland = 13.8 (0.4) + 22.5 (0.6) = 19.02

Mexico = 12.5 (0.4) + 25.0 (0.6) = 20

From the values above we select the minimum outcome since the company is looking at saving cost. Which is Taiwan; having the lowest cost of $17.48 million.

d) Using the formula \frac{P_{1} +P_{2}+P_{3}...P_{n}   }{n} where P = payoffs value, n = number of events.

South Korea =  15.2 + 21.7 + 19.1 /3 = 18.66

China = 17.6 + 19.0 + 18.5 /3 = 18.36

Taiwan = 14.9 + 19.2 +17.1 /3 = 17.06

Poland = 13.8 + 22.5 + 16.8 /3 = 17.7

Mexico = 12.5 + 25.0 + 21.2 /3 = 19.56

Taiwan should be selected since it has the lowest cost of $17.06 million.

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2 years ago
When Time, Inc. publishes a kid's version of its Sports Illustrated publication it is attempting to influence today's children t
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This process of attempting to influence today's children to purchase SI when they become adults is an example of : Consumer perception.

<h3>What is consumer perception?</h3>

Consumer perception is a marketing concept aimed at creating customer's impression, awareness and consciousness about a company product offerings.

Customer perception is typically affected by the following:

  • Advertising
  • Reviews
  • Public relations
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Therefore, the process where Sports Illustrated its publication and attempt to influence today's children to purchase SI when they become adults is an example of consumer perception.

Learn more about consumer perception here : brainly.com/question/6772250

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The management function that Jerome is engaging in when he’s monitoring time to hire and cost of hires is called controlling.

Controlling is defined as <em>ensuring that things are going well by measuring the rights metrics and comparing to expected performance, as well as taking corrective actions when necessary. </em>


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