Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
X's Strategy
X will like to divide his play between his rows in such a way that his expected winnings or losses when Y plays the first column will be equal to his expected winnings or losses when Y plays the second column.
Total = Q + 5(1-Q)
Total = 4Q + 3(1-Q)
Therefore, Q + (1-Q)5 = 4Q + 3(1-Q)Giving Q = 2/5 and (1-Q) = 3/5
This means that player X should play his first row 2/5th of the time and his second row 3/5 of the time.
Using the same reasoning Y' Strategy;
1 X R + 4(1-R) = 5R + 3(1-R)Giving R = 1/5 and (1-R) = 4/5
This means that player Y should divide his time between his first and second column in the ratio 1:4This is shown in the following matrix:
Explain product cost Product costs are those costs which are associated with and directly identifiable with the product. In other words, which are assigned to the product are p
using the operating cycle and any other financial management knowledge,discuss the applicabilty of such cycle to poultry
1. Calculate the manufacturing costs for the year. 2. Prepare a statement of cost of goods manufactured. 3. Prepare an income statement (assume an income tax 25%)
Question 1: Assuming that you are appointed consultant on economic matters for a company and you are asked to analyse the market structures in various sectors of the economy.
Gafat Engineering Ethio plc manufactures two types of TV sets LCD and CRT both having only one model. The LCD and CRT television sets sell for $9000 and $5000, respectively. the co
State Direct material cost standard The determination of direct material cost standard would involve: a) Determination of quantity standards and b) Determination of pric
SENSITIVITY ANALYSIS OF EOQ MODEL Sensitivity Analysis is regarded with the manner in which those results of solutions change in response to change in model parameters.
Full Service Recourse Factoring : In this kind of factoring the client has to bear the risk of default made through the debtors. There the factor had advanced funds against book de
CHOOSING ORDER QUANTITY (SIZE—PROBLEM) The objective of inventory decisions is usually to minimize total inventory costs to the company. Costs are ascribed to all elements whic
What nonfinancial factors should management consider in making its decision on whether to accept or reject a special order?
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd