Trey Leeman, Operations Manager at National Consumers, Inc The Opportunity Loss for the Combination "Purchase New Equipment" and Alternatives

question 43

Multiple Choice

Trey Leeman, Operations Manager at National Consumers, Inc.(NCI) , is evaluating alternatives for increasing capacity at NCI's Fountain Hill plant.He has identified four alternatives, and has constructed the following payoff table which shows payoffs (in $1,000,000's) for the three possible levels of market demand. $\begin{array}{r}\text { Market Demands }\\ \begin{array}{|c|c|c|c|}\hline \text { Alternative } & \text { Low } & \text { Medium } & \text { High } \\\hline \text { Lease New Equipment } & -0.5 & 2 & 4 \\\hline \text { Purchase New Equipment } & -3 & 0.5 & 6 \\\hline \text { Add Third Shift } & 0.5 & 0.75 & 1 \\\hline \text { Do Nothing } & 0 & 0 & 0 \\\hline \end{array}\end{array}$

The opportunity loss for the combination "Purchase New Equipment" and "Low" is ____.

• A)0.5
• B)1.5
• C)2.5
• D)3.0
• E)3.5

Describe the impact of emotional and physiological arousal on behavior and performance.

Understand the physiological mechanisms involved in arousal and sleep.

Identify the effects of stress on the body and its mechanisms.

Describe the role of neurotransmitters in promoting arousal and sleep.

---

Definitions:

Geographical Border

A naturally or artificially designated boundary separating distinct areas, countries, or territories.

Cultural Border

An invisible boundary based on cultural differences that separate areas or people, influencing identity, customs, and practices.

Plains Indians

Native American peoples who inhabited the Great Plains of the United States and Canada, known for their nomadic lifestyles and reliance on the buffalo.

Small Horses

Generally refers to horse breeds that are smaller in size, often including miniature horses and ponies.