Question: Solve the answers v webassign.net + Chat Thread Cengage Learning W Midterm Exam - BUS-660-0500 Quantitative Methods for Business_Moretti_5-22... Shown below is the solution to

Solve the answers

Solve the answers v webassign.net + Chat Thread v webassign.net + Chat Thread Cengage Learning W Midterm Exam - BUS-660-0500 Quantitative Methods for Business_Moretti_5-22... Shown below is the solution to the linear program for finding Player A's optimal mixed strategy in a two-person, zero-sum game where Player A picks between the strategies a , , a,, and a3, and Player B picks between the strategies b, b2, and b3. Constraints 1 through 3 correspond to strategies bj, b2, and b3, respectively. Constraint 4 is the constraint on the sum of PA1, PA2, and PA3. Objective Function Value = 4.100 Variable Value Reduced Costs PA1 0.040 0.000 PA2 0.550 0.000 PA3 0.410 0.000 GAINA 4.100 0.000 Constraint Slack/Surplus Dual Values 1 0.000 -0.600 2 0.000 -0.400 3 0.000 0.000 0.000 4.100 (a) What is Player A's optimal mixed strategy? (If a strategy should not be picked, enter 0.) Player A should use strategy a, with probability, strategy a, with probability, and strategy a3 with probability. (b) What is Player B's optimal mixed strategy? (If a strategy should not be picked, enter 0.) Player B should use strategy b , with probability, strategy b2 with probability, and strategy b3 with probability. (c) What is Player A's expected gain? (d) What is Player B's expected loss

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