Brady's, a conventional department store, and ValueMart, a discount department store, are both considering opening new stores at one of two possible sites: the Civic Center and North Shore Plaza. The strategies available to the management of each store are given in the following payoff matrix, where each entry represents the amounts (in hundreds of thousands of dollars) either gained or lost by one business from or to the other as a result of the sites selected. ValueMart Civic Center Brady's North Shore Plaza Center Plaza 5 -2 3 -6 (a) Is the game strictly determined? Yes No (b) What is the value of the game? (If it is not strictly determined, enter DNE.) (c) Determine the best strategy for the management of each store (that is, determine the ideal locations for each store). The ideal location for both Brady's and the ValueMart is the North Shore Plaza. The ideal location for Brady's is the Civic Center and the ideal location for the ValueMart is the North Shore Plaza. There is no ideal location for either Brady's or the ValueMart. (DNE) The ideal location for Brady's is the North Shore Plaza and the ideal location for the ValueMart is the Civic Center. The ideal location for both Brady's and the ValueMart is the Civic Center.

Brady's, a conventional department store, and ValueMart, a discount department store, are both considering opening new stores at one of two possible sites: the Civic Center and North Shore Plaza. The strategies available to the management of each store are given in the following payoff matrix, where each entry represents the amounts (in hundreds of thousands of dollars) either gained or lost by one business from or to the other as a result of the sites selected. ValueMart Civic Center North Shore Plaza Center Plaza Brady's (a) Is the game strictly determined? O Yes O No 3 -6 (b) What is the value of the game? (If it is not strictly determined, enter DNE.) (c) Determine the best strategy for the management of each store (that is, determine the ideal locations for each store). O The ideal location for Brady's is the Civic Center and the ideal location for the ValueMart is the North Shore Plaza. O There is no ideal location for either Brady's or the ValueMart. (DNE) O The ideal location…

A manufacturing company receives orders for engines from two assembly plants. Plant I needs at least 45 engines, and plant II needs at least 32 engines. The company can send at most 120 engines to these assembly plants. It costs $30 per engine to ship to plant I and $40 per engine to ship to plant II. Plant I gives the manufacturing company $20 in rebates toward its products for each engine they buy, while plant Il gives similar $15 rebates. The manufacturer estimates that they need at least $1500 in rebates to cover products they plan to buy from the two plants. How many engines should be shipped to each plant to minimize shipping costs? What is the minimum cost? How many engines should be shipped to each plant to minimize shipping costs, subject to the given constraints? The number of engines to send to plant I is The number of engines to send to plant II is What is the minimum shipping cost, subject to the given constraints? $ Next pts

You are the marketing director for a company that manufactures bodybuilding supplements, and you are planning to run ads in Sports Illustrated and GQ Magazine. On the basis of readership data, you estimate that each ad in Sports Illustrated will be read by 600,000 people in your target group, while each ad in GQ will be read by 150,000. You would like your ads to be read by at least 12 million people in the target group, and you plan to place at least 6 ads in Sports Illustrated and at least 8 ads in GQ during the next year. Sports Illustrated quotes you $2000 per ad, while GQ quotes you $1000 per ad. How many ads should be placed in each magazine to satisfy your requirements at a minimum cost? Sports Illustrated ads GQ Magazine ads