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Return on Software: Maximizing the Return on Your Software Investment
book

Return on Software: Maximizing the Return on Your Software Investment

by Steve Tockey
August 2004
Intermediate to advanced
656 pages
15h 28m
English
Addison-Wesley Professional
Content preview from Return on Software: Maximizing the Return on Your Software Investment

Chapter 25 Self-Study Questions

1.C3 is dominated by C1. The reduced payoff matrix is as follows.
EquipmentP1P2P3
C11009060
C23030140
C4708090
C510020120
2.
EquipmentP1P2P3Average Payoff
C1100906083
C2303014067
C470809080
C51002012080

Equipment C1 would be chosen.

3.
EquipmentP1P2P3Worst Payoff
C1100906060
C2303014030
C470809070
C51002012020

Equipment C4 would be chosen.

4.
EquipmentP1P2P3Best Payoff
C11009060100
C23030140140
C470809090
C510020120120

Equipment C2 would be chosen.

5.
 Best PayoffWorst Payoffα = 0.3Blended Payoff
A2100600.3 * 100 + 0.7 * 6072
A3140300.3 * 140 + 0.7 * 3063
A490700.3 * 90 + 0.7 * 7076
A5120200.3 * 120 + 0.7 * 2050

Equipment C4 would be chosen.

6.The regret matrix is as follows.
EquipmentP1P2P3
C10080
C270600
C4301050
C507020
EquipmentMaximum ...
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