subject
Business, 17.09.2019 22:30 cityglamevents

The game known as the battle of the bismarck sea (named for that part of the south-western pacific ocean separating the bismarck archipelago from papua-new guinea) summarizes a well-known game actually played in a naval engagement between the united states and japan during world war ii. in 1943, a japanese admiral was ordered to move a convoy of ships to new guinea; he had to choose between a rainy northern route and a sunnier southern route, both of which required three days’ sailing time. the americans knew that the convoy would sail and wanted to send bombers after it, but they did not know which route it would take. the americans had to send reconnaissance planes to scout for the convoy, but they had only enough reconnaissance planes to explore one route at a time. both the japanese and the americans had to make their decisions with no knowledge of the plans being made by the other side. if the convoy was on the route that the americans explored first, they could send bombers right away; if not, they lost a day of bombing. poor weather on the northern route would also hamper bombing. if the americans explored the northern route and found the japanese right away, they could expect only two (of three) good bombing days; if they explored the northern route and found that the japanese had gone south, they could also expect two days of bombing. if the americans chose to explore the southern route first, they could expect three full days of bombing if they fund the japanese right away but only one day of bombing if they found that the japanese had gone north. a) illustrate this game in a game table. b) identify any dominant strategies in the game and solve for the nash equilibrium. c) apply the min-max method to solve this game. d) discuss the characteristics of this game by categorizing it according to the six dimensions outlined in the lecture or in the textbook.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 01:00, bommat1085
The following account balances at the beginning of january were selected from the general ledger of fresh bagel manufacturing​ company: work in process inventory ​$0 raw materials inventory $ 29 comma 000 finished goods inventory $ 40 comma 900 additional​ data: 1. actual manufacturing overhead for january amounted to $ 62 comma 600. 2. total direct labor cost for january was $ 63 comma 600. 3. the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $ 255 comma 000 of direct labor cost and $ 382 comma 500 of manufacturing overhead costs. 4. the only job unfinished on january 31 was job no.​ 151, for which total direct labor charges were $ 5 comma 700 ​(1 comma 000 direct labor​ hours) and total direct material charges were $ 14 comma 400. 5. cost of direct materials placed in production during january totaled $ 123 comma 300. there were no indirect material requisitions during january. 6. january 31 balance in raw materials inventory was $ 35 comma 200. 7. finished goods inventory balance on january 31 was $ 35 comma 400. what is the cost of goods manufactured for​ january
Answers: 1
image
Business, 22.06.2019 11:00, mateoperkins
What is the advantage of developing criteria for assessing the effectiveness of business products and processes? a. assessment criteria are answers. b. assessment criteria are inexpensive. c. assessment criteria provide you with a list of relevant things to measure. d. assessment criteria provide you with a list of people to contact to learn more about process mentoring.
Answers: 3
image
Business, 22.06.2019 13:30, drippyc334
What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?
Answers: 3
image
Business, 22.06.2019 16:40, adreyan3479
Job 456 was recently completed. the following data have been recorded on its job cost sheet: direct materials $ 2,418 direct labor-hours 74 labor-hours direct labor wage rate $ 13 per labor-hour machine-hours 137 machine-hours the corporation applies manufacturing overhead on the basis of machine-hours. the predetermined overhead rate is $14 per machine-hour. the total cost that would be recorded on the job cost sheet for job 456 would be: multiple choice $3,380 $5,298 $6,138 $2,622
Answers: 1
You know the right answer?
The game known as the battle of the bismarck sea (named for that part of the south-western pacific o...

Questions in other subjects:

Konu
Mathematics, 29.01.2021 01:00
Konu
Mathematics, 29.01.2021 01:00
Konu
Mathematics, 29.01.2021 01:00
Konu
Mathematics, 29.01.2021 01:00