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Question: Draw the influence diagram that corresponds to the decision tree for Exercise. How would this influence diagram be changed in order to answer parts a, b, and c in Exercise?
Exercise: For the decision tree in Figure, assume Chance Events E and F are independent.
a. Draw the appropriate decision tree and calculate the EVPI for Chance Event E only.
b. Draw the appropriate decision tree and calculate the EVPI for Chance Event F only.
c. Draw the appropriate decision tree and calculate the EVPI for both Chance Events E and F: that is, perfect information for both E and F is available before a decision is made
Solve the Klee-Minty problem for n = 3. Compare the performance of the largest-coefficient and the smallest-index pivoting rules on the following linear program
Explain how many vertices would need to be added to each existing vertex to create a complete 3-tree. For example, writing "v0: 2" would mean that two vertices need to be added to the existing v0 vertex. Writing "v0: 0" would mean that no vertices..
Find the recurrence formula for the series solution of y(t) around t=0. Expand the solution near t=0 for the first powers of tn, where n ≤ 3
a) What is the project's duration if only normal times are used? b) What is the minimum-cost schedule? c) What is the critical path for the minimum-cost schedule?
Assume that the test scores from a college admissions test are normally distributed, with a mean of 450 and a standard deviation of 100.
Make the necessary calculations to verify the Empirical Rule for normal distributions, which states that the probability is approximately 0.68.
A collection of 30 Christmas tree lights are arranged in a pure series circuit; that is, if one of the lights burns out, then the entire string goes out.
Derive the conditional distribution function of X given N = n and state your reasoning behind your derivation - derive the joint distribution function of X and N and state your reasoning behind your derivation.
Using the following data set on hospital admissions, define the service area for Hospital A, based only on quantitative factors
consider the following lpmaximize z4x15x23x3subject tox1x24x3le6x12x2x3le7x14x22x3le12a add slack variables x4 x5 and
BusinessWeek published information on 283 equity mutual funds ( Business Week. January 26. 2004). A sample of 40 of those funds is contained in the data set.
Vehicle Routing. Consider the dispatching of delivery vehicles (for example, mail trucks, fuel-oil trucks, newspaper delivery trucks, etc.).
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