In a small business, there are two players: the boss and the employee. The employee has to choose whether to undergo training or not. The training costs Php1000. Now, the boss has to decide whether to pay a fixed wage of Php10000 to the employee or share the total profit of the small business exactly half to the employee. The total profit depends on the training and profit sharing. With no training and fixed wage, the total profit is Php20000. If either training or profit sharing is implemented, the total profit rises to Php22000. If both training and profit sharing are implemented, the total profit is Php25000. Let the employee be the row player and the boss be the column player. If the employee does not undergo training and the boss decides on fixed wage, what is the payoff ordered pair for this scenario? (9000,12000) O (11500,12500) O (11000,11000) ০ (10000,10000)
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- Tech is playing State in the last conference game of theseason. Tech is trailing State 21 to 14 with 7 seconds left inthe game, when they score a touchdown. Still trailing 21 to20, Tech can either go for two points and win or go for onepoint to send the game into overtime. The conferencechampionship will be determined by the outcome of thisgame. If Tech wins they will go to the Sugar Bowl, with apayoff of $9.2 million; if they lose they will go to the GatorBowl, with a payoff of $1.5 million. If Tech goes for twopoints there is a .30% chance they will be successful andwin (and a .70% chance they will fail and lose). If they gofor one point there is a 0.98 probability of success and a tieand a 0.02 probability of failure. If they tie they will playovertime, in which Tech believes they have only a 20%chance of winning because of fatigue.a. Use decision-tree analysis to determine if Tech shouldgo for one point or two points.b. What would Tech’s probability of winning the game inovertime…An investor is pondering on whether to invest in a siomai franchise or in a printing press company. He had his staff analyze the cost benefits that he would get from the two business ventures and they came up with this report. A. The siomai franchise would need Php 800 000 as capital. It has a 60-percent chance of profiting Php 400 000; a 15-percent chance of profiting Php 600 000; and 25-percent chance of losing the capital entirely. B. The paper manufacturing company would need Php 800 000 as capital. It has a 35-percent chance of earning Php 1 000 000 and a 65-percent chance of losing the capital entirely. C. Which between the two business ventures should the investor invest his Php 800 000?PUP 48,213 UST 40,000 FEU 27,889 LRT2 200,000 passengers daily If 60% of PUP, 30% of UST, and 85% of FEU students take LRT2 daily and pays an average fare of Php25 per day… What is the total annual market size (revenue) of LRT2? What is the total annual market size (revenue) of the 3 schools? If operations is halted for 1 week, what is the projected loss in revenues? What is the market share (volume) of: PUP students? UST students? Feu students?
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