Trey Leeman,Operations Manager at National Consumers,Inc

question 68

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. The opportunity loss for the combination "Purchase New Equipment" and "High" is ___.

• A) 0.0
• B) 0.5
• C) 2.5
• D) 3.0
• E) 3.5

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Definitions:

Avoidance-Avoidance Conflict

A situation where an individual must choose between two negative outcomes.

Avoidance-Avoidance Conflict

A psychological conflict that arises when an individual must choose between two equally unattractive options or actions.

Undesirable Routes

Pathways or approaches that are not preferred or desirable due to various reasons such as inefficiency or risk.

Approach-Avoidance Conflict

A psychological conflict that occurs when a goal is both appealing and unappealing at the same time, leading to ambivalence.