hafiz bhai we should choose worst from the best its mean here worst value in the minimax colunm is 5000.thts why minimax regret is 5000.
am i right?please commentOn Fri, May 20, 2011 at 6:29 AM, Hafiz Salman Majeed <hafiz.salman.majeed1@gmail.com> wrote:Question No: 41 (Marks: 5)
Given the table:
Alternatives Possible future demand
Low (Rs.) High (Rs.)
Small facility 10,000 8,000
Medium facility 12,000 20,000
Large facility 18,000 15,000
Calculate Maximax, Laplace and Minimax regret?
Maximax:
Choose the Best maximum Value for MAXIMAX approach which is 20,000
Laplace:
Small facility = 10000+8000=18000/2 =9000
Medium facility = 12000+20000 = 32000/2 = 16000
Large facility = 18000+15000 = 33000/2= 16500
So the Best Possible average is 16500 Laplace.
Minimax:
Alternatives
Regrets (in Rupees)
Possible Future Demands Worst
Low
High
Best minus all for low
Best minus all for high
Small Facility
10000
8000
18000 – 10000 = 8000
20000 – 8000 = 12000
Medium
12000
20000
18000 – 12000 = 6000
20000 – 20000 = 0
Large
18000
15000
18000 – 18000 = 0
20000 – 15000 = 5000
Alternatives
Regrets (in Rupees)
Possible Future Demands Worst
Low
High
Minimax
Small Facility
8000
12000
12000
Medium
6000
0
6000
Large
0
5000
5000
Minimax = 12000
On Fri, May 20, 2011 at 1:36 PM, umair umair <umair.ateeq1@gmail.com> wrote:
Given the table:
Alternatives Possible future demand
Low (Rs.) High (Rs.)
Small facility 10,000 8,000
Medium facility 12,000 20,000
Large facility 18,000 15,000
Calculate Minimax regret?On Thu, May 19, 2011 at 12:59 AM, mc090400159 Amna Hanif <mc090400159@vu.edu.pk> wrote:
facilities
On Wed, May 18, 2011 at 11:52 PM, umair umair <umair.ateeq1@gmail.com> wrote:
Question No: 38 (Marks: 1) - Please choose one
Which one of the following is NOT an input in the transformation process?
►Information
►Services
►Facilities
►Materials
2011/5/18 ∂υα ωαqαя <dua4566@gmail.com>
Value chain
On Thu, May 19, 2011 at 11:28 AM, umair umair <umair.ateeq1@gmail.com> wrote:
Question No: 31 (Marks: 1) - Please choose one
Which one of the following is the focus of predetermined motion time system?
►Individual human motions that are used in a job task
►Determining the length of time it will take to undertake a particular task
►Determining the amount of time a worker spends on various activities
►Providing standard times for micro motions such as reach move and release
Question No: 3 (Marks: 1) - Please choose one
The major business function consisting of research and development, product design, manufacturing, marketing, distribution, and customer service is refers to:
► Value chain
► The transformation process
► Quality control
► Life cycle
On Wed, May 18, 2011 at 11:27 PM, umair umair <umair.ateeq1@gmail.com> wrote:
which one is 4th option....?
2011/5/18 ∂υα ωαqαя <dua4566@gmail.com>
option 4
--
On Thu, May 19, 2011 at 10:51 AM, umair umair <umair.ateeq1@gmail.com> wrote:
Question No: 31 (Marks: 1) - Please choose one
Which one of the following is the focus of predetermined motion time system?
►Individual human motions that are used in a job task
►Determining the length of time it will take to undertake a particular task
►Determining the amount of time a worker spends on various activities
►Providing standard times for micro motions such as reach move and release
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--█▓▒░ Hafiz Salman Majeed░▒▓█
MBA Last Semester (Finance Group) LAHORE
اللہ آپ کو آسانیاں عطا فرمائے۔
جزاكم الله خيرا وأحسن الجزاء في الدنيا والأخرةجہاں رہیے اللہ کے بندوں کے لیے باعثِ آزار نہیں، باعثِ رحمت بن کر رہیے
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