14_USTBOMHomeworkAssignments北京科技大学运营管理作业答案.docVIP

USTB Operations Management Homework Assignments By Dr. Zhu，xiaoning Student Name: 黄诗蕴 Take-Home Problem Solving and Essay Questions Problem #1-Decision Science (Module 10 Decision Analysis used) ABC is planning to publish 2CD titles: Discos in 70’s and Romantic 60’s. It is expected that payoff from 70’s will be $100K if demand is low and $600K if demand is high. It is also expected that payoff from 60’s will be $200K if demand is low and $400K if demand is high. Questions Which title should ABC goes first based on Maximin（中间）, Maximax（第一个）, Minimax