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Or Assignment 4
Or Assignment 4
Player B
I II III IV
Player A I 3 2 4 0
II 3 4 2 4
III 4 2 4 0
IV 0 4 0 8
2 Find the value and optimal strategies for the following game:
15 2 -3
6 5 7
-7 4 0
Daily demand 10 15 25 35 45 50
Probability 0.01 0.15 0.20 0.50 0.12 0.02
Consider the following sequence of random numbers 21,27,47,54,60,39,43,91,25,20
Using this sequence ,simulate the demand for the next 10 days. Find out of the stock situation, If the
owner of the bakery shop decides to make 30 cakes every day. Also estimate the daily average demand
for the cake on the basis of simulated data.
I II III IV V
Player X I 12 30 60 42 12
II 9 9 12 12 8
III 24 24 48 72 9
6 A confectioner sells confectionary items. Past Data of demand per week in hundred kilograms
with frequency is give below :
8 An automobile production line turns out about 100 cars a day, but deviations occur
Owing to many causes. The production is more accurately described by a probability
Distribution as given below:
Finished cars are transported across the bay at the end of each day be ferry has space
Only for 101 cars, what will be the average number of cars waiting to be shipped?
9 Find the optimal solution for the following game using graphical method:
Player B
I II III IV V
I 4 2 5 -6 6
Player A
II 7 -9 7 4 8