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BIZCON
BIZCON
ANS 3
A] MAXIMIN
ALTERNATIVES AVG PAT-12000 AVG PAT-10000 AVG PAT 8000 MIN VALUE
CORONARY CARE 12,00,000 60,000 -3,00,000 -3,00,000
OPR ROOM 19,00,000 7,00,000 -6,00,000 -6,00,000
RADIOLOGY 14,00,000 9,00,000 6,00,000 6,00,000
MAXIMIN=6,00,000 PROPOSAL RECOMMENDED- 3RD
2]MAXIMAX
ALTERNATIVES AVG PAT-12000 AVG PAT-10000 AVG PAT 8000 MAX VALUE
CORONARY CARE 12,00,000 60,000 -3,00,000 12,00,000
OPR ROOM 19,00,000 7,00,000 -6,00,000 19,00,000
RADIOLOGY 14,00,000 9,00,000 6,00,000 14,00,000
MAXIMAX = 19,00,000 PROPOSAL RECOMMENDED- 2ND
C]LAPLACE
ALTERNATIVES AVG PAT-12000 AVG PAT-10000 AVG PAT 8000 AVG VALUES
CORONARY CARE 12,00,000 60,000 -3,00,000 3,20,000
OPR ROOM 19,00,000 7,00,000 -6,00,000 6,66,667
RADIOLOGY 14,00,000 9,00,000 6,00,000 9,66,667
LAPLACE=9,66,667 PROPOSAL RECOMMENDED -3RD
REGRET TABLE
ANS-7
Demand→ 12,000 10,000 8,000 EMV
Proposals↓
Coronary Care 12,00,000 60,000 -3,00,000 1,80,000
Operating Room 19,00,000 7,00,000 -6,00,000 5,50,000
Radiology 14,00,000 9,00,000 6,00,000 9,10,000
Probability 20% 50% 30%