Trey Leeman,Operations Manager at National Consumers,Inc

question 50

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: If Trey uses the maximin criterion,the appropriate alternative would be: ___.

• A)lease new equipment
• B)purchase new equipment
• C)add third shift
• D)do nothing
• E)do everything

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Definitions:

Behavioral Habits

Regularly repeated behaviors that are learned and become automatic responses to specific situations.

Maturational Processes

The developmental changes that occur as a result of aging, rather than learning or experience.

First Words

The initial set of words a child learns to communicate with, marking an important milestone in language development.

Evolution

The process by which different kinds of living organisms are believed to have developed from earlier forms during the history of the earth.