IDS 355- Final Exam Guide - Comprehensive Notes for the exam ( 32 pages long!)
29 Mar 2018
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The deadline for this assignment is friday, march 23th at 11:59pm. As usual, we strongly recommend submitting your assignment early, in case problems arise with the submission process. Assignments should be uploaded using the upload link in the assignment area. 3 submitted by the student with netid rbaker2 should be named rbaker2hw3. Label the tabs as q set 1 , q set 2 and q set 3 , respectively. General motors (gm) is considering adding production capacity for the upcoming year. The outcomes of the possible strategies (in millions of dollars) depend on oil prices. For the following questions, you will use excel to identify the best strategy according to various criteria. You only need to perform the necessary calculations to show which one is best. For example, the first question is for maximax. You need to set up formulas to find the maximum payoff for each strategy and to then find the highest value among them.
