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(Top cycle set) A committee has three members.
a. Suppose that there are three alternatives, x, y, and z, and that one member prefers x to y to z, another prefers y to z to x, and the third prefers z to x to y. Find the top cycle set.
b. Suppose that there are four alternatives, w, x, y, and z, and that one member prefers w to z to x to y, one member prefers y to w to z to x, and one member prefers x to y to w to z. Find the top cycle set. Show, in particular, that z is in the top cycle set even though all committee members prefer w.
A manufacturer of a new, less expensive type of light bulb claims that this product is very well made and even more reliable than the higher priced competitive light bulbs.
Calculate the reliability over a 37 hour period and what is the steady state availability of the system.
It costs each company Brokely $3,000 per period to use filters that avoid polluting the lake. However, each company must use the lake's water in production
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The given matrix demonstrate the payoffs for an advertising game between Hilton and the Oriental. The companies can choose to advertise or to not advertise.
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