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:

Compatibilism

The philosophical belief that free will and determinism are compatible ideas, and it is possible to believe in both without being logically inconsistent.

Indeterminism

The theory that not every event is determined by preceding events and natural laws, suggesting that free will and chance play a role.

Moral Responsibility

The obligation to act righteously and to be accountable for one's actions.

Determinism

The concept in philosophy that every event, including decisions of a moral nature, are fully dictated by causes that predated them.