Find the Shapley-Shubik power distribution of each of the following weighted voting systems. a . [ 51 : 40 , 30 , 20 , 10 ] b . [ 59 : 40 , 30 , 20 , 10 ] ( Hint: Compare this situation with the one in (a). ) c . [ 60 : 40 , 30 , 20 , 10 ]
Find the Shapley-Shubik power distribution of each of the following weighted voting systems. a . [ 51 : 40 , 30 , 20 , 10 ] b . [ 59 : 40 , 30 , 20 , 10 ] ( Hint: Compare this situation with the one in (a). ) c . [ 60 : 40 , 30 , 20 , 10 ]
Solution Summary: The author calculates the Shapley-Shubik power distribution of each of the following weighted voting systems.
1 Brinkley
2
A
B
с
D
E
F
G
H
I
J
3
Parameters
4 Selling Price
5 Procurement Cost
6 Labor Cost
7 Transportation Cost
8
9 Procurement Cost
10 Lower End of Interval
Upper End of Interval
Cost
Probability
11
$10.00
12
$11.00
0.25
0.45
13
$12.00
0.3
14
15 Labor Cost
16 Lower End of Interval
Upper End of Interval
Cost
Probability
17
$20.00
0.1
18
$22.00
0.25
19
$24.00
0.35
20
$25.00
0.3
21
22 Transportation Cost
23 Lower End of Interval
Upper End of Interval
Cost
Probability
24
25
$3.00
$5.00
0.75
0.25
26
27
Model
28 Profit Per Unit
29
30
Simulation Trial
Procurement Cost
Labor Cost
Transportation Cost
Profit Per Unit Summary Statistics
31
1
Mean Profit Per Unit
#DIV/0!
32
2
P(Profit <$5)
#DIV/0!
83
3
34
4
35
5
36
6
37
7
38
8
39
9
40
10
Model File Available: Download WeddingIMS.xlsx
The wedding date for a couple is quickly approaching, and the wedding planner must provide the caterer an estimate of how many people will attend the reception so that the appropriate quantity of food is prepared for the buffet. The following table contains information
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will…
Q.2.4 There are twelve (12) teams participating in a pub quiz. What is the probability of correctly predicting the top three teams at the end of the competition, in the correct order? Give your final answer as a fraction in its simplest form.
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