Prb14_4 - $6 $4 $2 $6 Expected Value Page 4 Payoffs (in...

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Maximax Page 1 Payoffs (in $1,000s) Amount of Snow: Size of Order: Heavy Normal Light Maximum Large $10 $7 $3 $10 <--maximum Medium $8 $8 $6 $8 Small $4 $4 $4 $4
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Maximin Page 2 Payoffs (in $1,000s) Amount of Snow: Size of Order: Heavy Normal Light Minimum Large $10 $7 $3 $3 Medium $8 $8 $6 $6 <--maximum Small $4 $4 $4 $4
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Minimax Regret Page 3 Regret Matrix Amount of Snow: Size of Order: Heavy Normal Light Max Large $0 $1 $3 $3 Medium $2 $0 $0 $2 <--minimum Small
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Unformatted text preview: $6 $4 $2 $6 Expected Value Page 4 Payoffs (in $1,000s) Amount of Snow: Size of Order: Heavy Normal Light EMV Large $10 $7 $3 $7 Medium $8 $8 $6 $8 &lt;--maximum Small $4 $4 $4 $4 Probability: 0.25 0.6 0.15 Expected Regret Page 5 Regret Matrix Amount of Snow: Size of Order: Heavy Normal Light EOL Large $0 $1 $3 $1.05 Medium $2 $0 $0 $0.50 &lt;--minimum Small $6 $4 $2 $4.20 Probability: 0.25 0.6 0.15...
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This note was uploaded on 04/19/2011 for the course CBA 0060 taught by Professor Barrymitnick during the Spring '09 term at Pittsburgh.

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Prb14_4 - $6 $4 $2 $6 Expected Value Page 4 Payoffs (in...

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