Hi can u just fill out all below image questions answer explanation??? Please just fill it I dont understand what to put there Kration)The product manager of a tide and he is planning to launch a new product. He can either launch Tide with Zonrox, Tidewith Downy, or not do anything at all. If he will launch Tide with Zonrox, the company will gain P20,000 if the marketis successful or lose P18,000 if the market is a failure. If he will launch Tide with Downy, the company will gain P12,000if the market is successful or lose P3,000 if the market is a failure. If he does not launch anything, the company will notgain anything whether the market is successful or a failure. The probability is 60% that the market is successful and40% that the market is a failure.ProbabilityMaximumOpportunity LossMinimumPerfect ProbabilityExpected Monetary Value (EMV)Expected Value of Perfection (EVPI)Decision Analysis:a. Maximax Criterion:b. Maximin Criterion:c. Minimax Criterion:d. EMVpaniiMaximaxMaximinEMVMinimaxEditDeleteShare

Decisions AbbrevationsTide with ZonroxTZTide with DownyTZNo launchNL…

Answered: The product manager of a tide and he is…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter9: Decision Making Under Uncertainty

Section9.4: The Precision Tree Add-in

Problem 9P

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Michael is the marketing executive of SHOPEE and he is planning to launch the 2.2.22 online SALE through price discounts, either 40% off or 20% off. He also learned that SHOPEE closest competitor LAZADA , is planning to promote also a 2.22.22 online SALE with price discounts , either 50% off or 30% off. If SHOPEE launches the 40% off, it will gain nothing. If LAZADA launches the 50% off or gain 8,000,000 if LAZADA launches the 30% off. If SHOPEE launches the 20% off, it will lose 2,000,000 if LAZADA launches the 50% off or lose 5,000,000 if LAZADA launches the 30% off. 1.Which strategy is dominated by SHOPEE depending on strategy of LAZADA? A. 50% OFF B. 40% OFF C. 20% OFF D. 30% OFF E. NONE 2.What should be the strategy of LAZADA? A. 50% OFF B. 40% OFF C. 30% OFF D. 20% OFF
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