Let X be the percentage of jobs that can be completed on time, meeting due date of
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Question:
- Let X be the percentage of jobs that can be completed on time, meeting due date of their orders. Obviously, a higher percentage is more preferred. In our analysis we found that the best we could do is 93% on time, and the worst is 62%. We have elicited an exponential utility function and found R = 80. Translate and scale this utility function so that utility values are between0 and 1. Show your work.
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