OPER 118_Homework.por - Adobe Acrobat Reader DC (32-bit) Dosye Dzenie Gorbrum Imam Pencere Yardm Ana Sayfa OPER 3 Homew.. Aralar Oturum AG DO 3) Consider the example with milk of different fat content we did in class. Assume Z=5, r=4 for all 5 products and t=1. a. (1 pts) What utility does the customer with x=2.9 get from the 5 possible products? b. (0.5 pts) In the US, where skim, 1%, 2% and whole milk are typically offered, what does the customer choose? C. (0.5 pts) What about in Europe, where only skim, semi-skimmed and whole milk exist? d. (1 pts) Assume [a,b] = [0,8) and 5 = {Skim, 1%, 2%, whole}. Calculate the market segments and P;(S) values. 0 4) Consider the example with apples and bananas we did in class. The students in OPER 318 class gave the following answers to the survey. What is your favorite fruit amongst apple and banana? 29% prefer apple, 64% prefer banana and 7% say they don't like apples and bananas. If apple is your favorite fruit, would you pick a banana if there were no apples? 57% said yes, 43% said no. If banana is your favorite fruit, would you pick an apple if there were no bananas? 64% said yes, 36% said no. a. (0.5 pts) What are the parameters of the model? b. (0.25 pts) What proportion of you would pick an apple if this was the only choice? C. (0.25 pts) What proportion of you would pick a banana if this was the only choice? + 5) (1 mts Consider the example below with 5 products: P 1199 23.04.2002 OPER 118_Homework.por - Adobe Acrobat Reader DC (32-bit) Dosye Dzenie Gorbrum Imam Pencere Yardm Ana Sayfa OPER 3 Homew.. Aralar Oturum AG DO 3) Consider the example with milk of different fat content we did in class. Assume Z=5, r=4 for all 5 products and t=1. a. (1 pts) What utility does the customer with x=2.9 get from the 5 possible products? b. (0.5 pts) In the US, where skim, 1%, 2% and whole milk are typically offered, what does the customer choose? C. (0.5 pts) What about in Europe, where only skim, semi-skimmed and whole milk exist? d. (1 pts) Assume [a,b] = [0,8) and 5 = {Skim, 1%, 2%, whole}. Calculate the market segments and P;(S) values. 0 4) Consider the example with apples and bananas we did in class. The students in OPER 318 class gave the following answers to the survey. What is your favorite fruit amongst apple and banana? 29% prefer apple, 64% prefer banana and 7% say they don't like apples and bananas. If apple is your favorite fruit, would you pick a banana if there were no apples? 57% said yes, 43% said no. If banana is your favorite fruit, would you pick an apple if there were no bananas? 64% said yes, 36% said no. a. (0.5 pts) What are the parameters of the model? b. (0.25 pts) What proportion of you would pick an apple if this was the only choice? C. (0.25 pts) What proportion of you would pick a banana if this was the only choice? + 5) (1 mts Consider the example below with 5 products: P 1199 23.04.2002