Conversion after scoring the first touchdown

Assignment Help Operation Management
Reference no: EM13904313

In American football, touchdowns are worth 6 points. After scoring a touchdown, h scoring team may subsequently attempt to score 1 or 2 additional points. Going for 1 point is virtually an assured success, while going for 2 point is successful only with probability p. Consider the following game situation. The Temple Wildcats are losing by 14 points to the Killeen Tigers near the end of regulation time. The only way for Temple to win (or tie) this game is to score two touchdowns while not allowing Killeen to score again. The Temple coach must decide whether to attempt a 1-point or 2-point conversion after each touchdown. If the score is tied at the end of regulation time, the gam goes into overtime. The Temple coach believes that there is a 50% chance that Temple will win if the game goes into overtime. The probability of successfully converting a 1-point conversion is 1.0 The probability of successfully converting a 2-point conversion is p.

Assume Temple will score two touchdowns and Killeen will not score. Create a decision re for the decision of whether Temple’s coach should go for a 1-poin conversion or a 2-point conversion after each touchdown. The terminal nodes in the decision tree should b either WIN or LOSE for Temple

Assume that a WIN results in a value of 1.0 and LOSE results in a value of 0. Further, assume that the probability of converting a 2-point conversion is p= 0.4. Should Temple’s coach go for a 1-point conversion o 2-point conversion after scoring the first touchdown?

Reference no: EM13904313

Questions Cloud

Average waiting time under the current system : You are in charge of a quarry that supplies sand and stone aggregates to your company's construction sites. Empty trucks from construction sites arrive at the quarry's huge piles of sand and stone aggregates and wait in line to enter the station, whi..
Describe components of your current employers supply chain : You were required to describe the components of your current employer's supply chain or that of another company that you were familiar with. Using that supply chain as a basis, discuss where the supply chain adds value. You do not need to submit a fl..
Using formal authority-expertise-rewards and coercion : Think of a leader that you know. Give examples of how this person influences others using formal authority, expertise, rewards, coercion, and charisma. How do you think people generally respond to these different influence tactics? Explain.
Adoption of e-commerce technologies : What incremental contribution would the World Trade Point Federation provide compared to UNCTAD for SMEs’ adoption of e-commerce technologies?
Conversion after scoring the first touchdown : In American football, touchdowns are worth 6 points. After scoring a touchdown, h scoring team may subsequently attempt to score 1 or 2 additional points. Assume that a WIN results in a value of 1.0 and LOSE results in a value of 0. Further, assume t..
Obtain the expected quality loss incurred by the customer : The most important quality characteristic of a certain product is known to be dimension and research indicates that the dimension with 20 inches can maximize the output of the product. Obtain the expected quality loss incurred by the customer? (Use t..
What is the main weakness for crosbys definition of quality : What is the most attractive feature of Taguchi’s orthogonal designs? If there is a single fear about Taguchi’s orthogonal designs, what would that be? What is the most attractive feature of the Taguchi loss function? What is the main weakness for Cro..
Firm is considering exporting their consumer products : A firm is considering exporting their consumer products to another country. Select a destination country and describe the aspects of culture should they should be concerned with. Also explain what adjustments they should make to the marketing mix for..
When more efficient workers earn higher wages : When more efficient workers earn higher wages, this is known as a _____ pay structure.

Reviews

Write a Review

Operation Management Questions & Answers

  Strategic management includes the following aestablishment

1. strategic management includes the followinga.establishment of strategic directionb.implementation of

  Performing financial ratio analysisfor mcdonald corporation

In a second column, indicate whether you consider each ratio to be a strength, a weakness, or aneutral factor for McDonald's.

  Managing hr technological change

Explain how you would manage an HR technological change. What process might you use (cite theory as appropriate) to implement technological changes in a traditionally people-focused business?

  Question regarding the competitive business practices

The United States has several laws that are intended to further fair, balanced, and competitive business practices. Do you think that such laws are effective? If so, why? If not, why not? Be sure to provide evidence to support your position one w..

  Competitive strategies-first-mover and first-follower

One of the competitive strategies to consider is whether to be a “first-mover,” “first-follower,” or “slow-mover.” Search for and select two companies that have embraced one of these three strategies for the entire company, a product line, or individ..

  Understanding the international industrial relations

Why it is important to understand the international industrial relations? How do trade unions have an impact on MNEs?

  Determine the appropriate length of rail dock

Determine the appropriate length of a rail dock (in feet) given the following information. The average railcar loaded is 42 feet long and hold on average 40,000 pounds.

  Industrial baking process

Strohrmann, a large-scale bakery in Pennsylvania, is laying out a new production process for their packaged bread, which they sell to several grocery chains. It takes 12 minutes to bake the bread. How large an oven is required so that the company is ..

  Formulate a competitive market entry strategy

Formulate a competitive market entry strategy and align it with the dynamics of the foreign market.

  Analyze intervention treatment needs of family members

Halfway houses, continuous care, and self help groups, and analyze intervention and treatment needs of family members and significant others affected by chemical dependency.

  Find the speeds of objects after collision

A mass of 10kg travelling at 5 m/s undergoes a head on elastic collision with a 7kg object travelling at 9 m/s in the opposite direction.

  After the implementation of the control chart

Assume now that after the implementation of the control chart, the mean of the statistic has shifted down by 1 standard deviation

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