Compute the expected value for each decision and select the best one.  B.Develop the opportunity loss table and compute the expected opportunity loss for each product.

Calculate the break-even for all three years for bagels and bagel sandwiches.

Weapon Cost (gold pieces) Damage to medium targets Critical damage Weight (pounds)   Throwing axe   8   6   12   2   Javelin   1   6   12   2   Longsword   15   8   32   4   Mace (light)   5   6   12   4   Spear   2   8   24   6   The elf leader Galandir has up to 30,000 gold pieces to spend on an arsenal of javelins, longswords, and spears for her band of elves for a planned assault on Mordruk in which she would like to inflict as much critical damage possible. For the sake of swiftness the total weight of Galandir’s arsenal cannot exceed 3000 pounds, and as the elves are particularly skilled at javelin-throwing she would like to include at least half as many javelins as swords. What should her weapons arsenal look like, and how much critical damage can be inflicted?   Define the variables.     Construct the objective and constraint functions.             Use Excel to use the simplex method to optimize the…

Q:                                                             Final    Reduced  Objective       Allowable    Allowable Cell         Name                                    Value    Cost     Coefficient      Increase     Decrease $B$5 consider Cake (C)                           0        -0.5             4.5                0.5           1E+30 $C$5 consider Dozen Cookies (D)           10         0               10               1E+30           1   what does the value minus .5 for the reduced cost of C mean (other than it is the change in thevalue of the coefficient in the objective function so that the solution includes a positive amountof C)?