Three variables s, b, and c are listed in red. These are the variables you will...
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Three variables s, b, and c are listed in red. These are the variables you will change. The black numbers are the results of the 3 formulas based on different values of co. Please do not alter any of these. It will affect your answers. The graph to the right plots the results of the formulas for given values of s, b, and c. The highest value for a given oo is the most successful strategy. Right now I have all 1's for all 3 values you will have to change the values as you answer the questions below Answer the following questions using the graph. 1) For the following values s-0.65, b=0.35, c= 0.07 a) What probability of the within-generation resource remaining the same (i.e. co) does the learning strategy become more successful? b) At co= 0.7, which strategy is most successful? 2) For the following values s-0.8, b= 0.6, c= 0.2 a) Does learning ever pay off under these conditions? Explain your answer b) If you lower c to 0.1, How does the learning strategy (L(co)) compare to V(c) and F(0)? c) If you lower c to .05, How does this change affect the results? d) What can you conclude about the effect of the cost of learning on the success of the learning strategy? 3) For the following values s=0.9, b=0.8, c= 0.01 a) Which strategy is most effective under these conditions? Which is the least effective? Explain your answers b) Now raise b to 0.85. Now which is the least effective trait c) Now raise b to .89. Now which is the most effective trait? d) What can you conclude about the effects of the variability of a resource on these three strategies? 3 D. V(w) 0.5 0.30103 0.6 0.30103 0.30103 0.7 0.30103 0.30103 0.8 0.30103 0.30103 0.9 0.30103 0.30103 1 0.30103 0.30103 F(w) 0.30103 L(W) 000000 Function 0.35 0.3 0.25 0.2 0.15 0.1 88 0.05 0 0.45 0.55 V(w)F(w)(w) 0.65 0.75 W 0.85 0.95 1.05 Three variables s, b, and c are listed in red. These are the variables you will change. The black numbers are the results of the 3 formulas based on different values of co. Please do not alter any of these. It will affect your answers. The graph to the right plots the results of the formulas for given values of s, b, and c. The highest value for a given oo is the most successful strategy. Right now I have all 1's for all 3 values you will have to change the values as you answer the questions below Answer the following questions using the graph. 1) For the following values s-0.65, b=0.35, c= 0.07 a) What probability of the within-generation resource remaining the same (i.e. co) does the learning strategy become more successful? b) At co= 0.7, which strategy is most successful? 2) For the following values s-0.8, b= 0.6, c= 0.2 a) Does learning ever pay off under these conditions? Explain your answer b) If you lower c to 0.1, How does the learning strategy (L(co)) compare to V(c) and F(0)? c) If you lower c to .05, How does this change affect the results? d) What can you conclude about the effect of the cost of learning on the success of the learning strategy? 3) For the following values s=0.9, b=0.8, c= 0.01 a) Which strategy is most effective under these conditions? Which is the least effective? Explain your answers b) Now raise b to 0.85. Now which is the least effective trait c) Now raise b to .89. Now which is the most effective trait? d) What can you conclude about the effects of the variability of a resource on these three strategies? 3 D. V(w) 0.5 0.30103 0.6 0.30103 0.30103 0.7 0.30103 0.30103 0.8 0.30103 0.30103 0.9 0.30103 0.30103 1 0.30103 0.30103 F(w) 0.30103 L(W) 000000 Function 0.35 0.3 0.25 0.2 0.15 0.1 88 0.05 0 0.45 0.55 V(w)F(w)(w) 0.65 0.75 W 0.85 0.95 1.05
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1 For the following values s065 b 035 c007 a What probability of the withingeneration resource remaining the same ie c does the learning strategy become more successful At c 007 the learning strategy ... View the full answer
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Project Management A Systems Approach to Planning Scheduling and Controlling
ISBN: 978-0470278703
10th Edition
Authors: Harold Kerzner
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