In a Decision Tree Problem Involving Capacity Planning, There Was

question 46

Multiple Choice

In a decision tree problem involving capacity planning, there was a random outcome node with three random outcomes (A,B, and C) which followed a decision node.The probabilities for A, B and C: P(A) =0.4, P(B) = 0.6 and P(C) = 0.2.Payoff following A,B and C respectively are $10000, $5000 and $2000.Expected value of that random outcome node is:

• A)$7400
• B)$7000
• C)$17000
• D)Cannot be determined since there is something wrong with the data given.
• E)$5666.

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Definitions:

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The act of making false statements or representations of material facts to obtain money or property from Medicare unlawfully.

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A situation in which an individual does not experience remorse or guilt after actions that would typically provoke these feelings.

Manipulation

Influencing or controlling someone's behavior or emotions in a deceptive or unscrupulous way, often for personal gain or advantage.