Compute the nash equilibria

Assignment Help Operation Management
Reference no: EM131234577

Spend 2 or 3 hours observing the organization in which you are employed. During the observation, identify internal and external interactions of the organization. You can talk to stakeholders who might have information relating to external interactions in order to gather necessary information. Use the observation information to complete all parts of the question presented in the problem. Your response should be 500-750 words. Please include the diagram required in the problem Describe some interaction your company has with another entity (firms producing complementary or substitute products, upstream suppliers, or downstream customers), or between internal divisions within your firm that can be described as a sequential or simultaneous game. Diagram the strategies, players, and compute payoffs as best you can. Compute the Nash equilibria. What can you do to change the rules of the game to your advantage? Compute the profit consequences of your advice. Use the Nash equilibria diagram

Reference no: EM131234577

Questions Cloud

Deep discount store that would contain pharmacy : Walgreens operated a pharmacy in the Sara Creek mall. As part of this long-term lease, Sara Creek agreed not to lease mall space to another pharmacy. During an economic recession, Sara Creek’s largest tenant left and the landlord informed Walgreens t..
Formulate the multi-objective housing renewal model : A ten-acre slum in New York City is to be cleared. The officials of the city must decide on the redevelopment plan. Two housing options are to be considered: x1 : low-income units and x2 : middle-income units. Formulate the multi-objective housing re..
Implement enterprise resource planning systems : Many companies implement enterprise resource planning (ERP) systems but are disappointed by the results when they do not realize the return on investment (ROI) that was projected for the system. Explain what the major causes were for the success or f..
Quantification of decision rules in healthcare environment : The NHS QOF effort is obviously full of very specific point systems for evaluation. What are the strengths and weaknesses of such quantification of decision rules in a healthcare environment?
Compute the nash equilibria : Spend 2 or 3 hours observing the organization in which you are employed. During the observation, identify internal and external interactions of the organization. Compute the Nash equilibria. What can you do to change the rules of the game to your adv..
What is the estimated average annual holding cost : A trucking company maintains an inventory of trucks that varies monthly. The ending inventory of trucks during the first 8 months of the year (January to August) were 26, 38, 31, 22, 13, 9, 16, 5, respectively. What is the monthly carrying cost per t..
Tertiary care orientation-lack of organizational coherence : Critics of the US Health Care System often find fault with its top heavy specialist and tertiary care orientation and lack of organizational coherence. Analysis of health care in the US over the past half century abound with such descriptions as a no..
Company operations and the resulting social media activities : Imagine that you are the social media manager for a fictional company. You are tasked with preparing a presentation that explains your company’s strategic, functional, and operational social media plans to a recent new hire to your company’s marketin..
The majority of which command large market shares : You are the newly appointed Chief Marketing Officer (CMO) at Big Established Company, Inc. (BEC). BEC has been around for more than 50 years and has many well-known brands, the majority of which command large market shares. What kinds of elements wil..

Reviews

Write a Review

Operation Management Questions & Answers

  Based on everything you have learned about quality

Based on everything you have learned about quality, write your own definition of what quality is. What do you think are the most important things that your organization should do in order to improve quality? What are the biggest barriers to quality i..

  Determine the standard time for this job

A worker-machine operation was found to involve 4.6 minutes of machine time per cycle in the course of 40 cycles of stopwatch study. The worker’s time averaged 2.4 minutes per cycle, and the worker was given a rating of 120 percent (machine rating is..

  Discuss what additional challenges exist with systems

From the e-Activity, discuss what additional challenges exist with systems integration between / among health care organizations and possible solutions to those challenges.

  Describe the preferred timing and objectives of business

Based on the organization you selected, write a critical risk assessment and milestones schedule of 350-500 words (plus a spreadsheet) that addresses the following (guidelines). Describe the preferred timing and objectives of your business plan. I..

  Survive the competition between two different cultural value

This week we explored a case in the Philippines where traditional way of farming collide with incoming Western tourism. The issue at stake is whether the rice terrace can still survive the competition between two different cultural values along three..

  Illustrate what sigma levels do these values correspond

Compute the average demo for each of the three categories of medication errors. To illustrate what sigma levels do these values correspond.

  Illustrate what is best way to resolve this situation

Is this situation a result of poor supervision or employees thinking that re is nothing wrong because every1 else is surfing. Do you think that this is a reflection of our changes in society.

  Multifactor productivity and total measure productivity

Describe the differences and similarities between partial measure productivity, multifactor productivity, and total measure productivity and provide an example where each would be used by the operations manager.

  Identify the three key elements of the human resources

Identify the three key elements of the human resources planning model and discuss the relationships among them.

  What kind of forecasting methods

If Boeing has a plan to build a new assembly plant in Dayton, what kind of forecasting methods (quantitative or qualitative, moving average, simple exponential smoothing, etc.) should Boeing choose to use to facilitate this capacity decision? And Why..

  Challenges that ethical leaders face in the global context

What are the challenges that ethical leaders face in the global context? How interdependent are they and what are the implications for people’s lives and life’s sustainability? How do your actions affect both the local and global communities?

  Empowerment decreases skill variety

Empowerment does which of the following? Empowerment increases autonomy. Empowerment decreases skill variety. Empowerment increases job rotation. Empowerment increases job specialization.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd