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Table Q8.1 indicates the possible profits associated with different decision alternatives. Choose the best alternative based on Hurwicz Criterion (if the a=0.5). In the box provided enter the number you have calculated for choosing the best alternative. Table Q8.1: Data regarding different possible alternatives Proft Ranges Decision Medium High Low Demand Demand Demand Alternatives Subcontracting 10 50 50 Overtime -15 60 125 New Facilities -150 20 200

Table Q8.1 indicates the possible profits associated with different decision alternatives. Choose the best alternative based on Hurwicz Criterion (if the a=0.5). In the box provided enter the number you have calculated for choosing the best alternative. Table Q8.1: Data regarding different possible alternatives Proft Ranges Decision Medium High Low Demand Demand Demand Alternatives Subcontracting 10 50 50 Overtime -15 60 125 New Facilities -150 20 200

Structural Analysis
Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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QUESTION 8 Table Q8.1 indicates the possible profits associated with different decision alternatives. Choose the best alternative based on Hurwicz Criterion (if the a=0.5). In the box provided enter the number you have calculated for choosing the best alternative. Table Q8.1: Data regarding different possible alternatives Proft Ranges Decision Medium High Low Demand Demand Demand Alternatives Subcontracting 10 50 50 Overtime -15 60 125 New Facilities -150 20 200
Transcribed Image Text:QUESTION 8 Table Q8.1 indicates the possible profits associated with different decision alternatives. Choose the best alternative based on Hurwicz Criterion (if the a=0.5). In the box provided enter the number you have calculated for choosing the best alternative. Table Q8.1: Data regarding different possible alternatives Proft Ranges Decision Medium High Low Demand Demand Demand Alternatives Subcontracting 10 50 50 Overtime -15 60 125 New Facilities -150 20 200
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