Question: plz answer these mcqs with justification 33 Consider the following payoff table. wered t of 1.00 States of Nature A B 100 150 200 100

plz answer these mcqs with justification 33

plz answer these mcqs with justification

33 Consider the following payoff table. wered t of 1.00 States of Nature A B 100 150 200 100 0.4 0.6 Alternatives Alternative 1 Alternative 2 Probability estion How much should be paid for a perfect forecast of the state of nature? Select one: O a. 10 Ob. 100 O c. 170 O d. 30 O e. 40 on 31 Two models of a product - Regular (X) and Deluxe (Y) - are produced by a company. A linear programming model is used to determine the production schedule. The formulation is as follows: answered out of 1.00 question Maximize profit=50X+60 Y Subject to: 8X+ 10Y - 800 X+Y

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