# Devry GSCM 209 Week 6 Quiz Latest

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## Devry GSCM 209 Week 6 Quiz Latest

 1 Question : (TCO 14) Briefly describe a decision table.
Question 2. Question : (TCOs 13 and 14) Consider the following decision table, which Buckeye Bob has developed for GoSlow Enterprises.

 Decision Probability 0.2 0.5 0.3 Alternatives Low Medium High A \$ 40 \$ 100 \$ 60 B \$ 85 \$ 60 \$ 70 C \$ 60 \$ 70 \$ 70 D \$ 65 \$ 75 \$ 70 E \$ 70 \$ 65 \$ 80

Which decision alternative maximizes the expected value of the payoff?

 Question 3. Question : (TCOs 10, 11, and 12) Bob’s Claymart has enough clay to make 24 small vases or six large vases. He has only enough of a special glazing compound to glaze 16 of the small vases or eight of the large vases. Let X1 = the number of small vases and X2 = the number of large vases. The smaller vases sell for \$6 each, and the larger vases bring \$13 each. Formulate the problem’s objective function, constraints, and solve for the maximum profit mix.

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Devry GSCM 209 Week 6 Quiz Latest

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