Deliverables Using Excel, design a decision table for this decision. What is the maximin decision? What is the maximax decision? What is the Laplace decision? What is the Hurwicz Criterion decisi

PAP ER AS SIG N M EN T # 1 Due Sunday by 11:59pm Points 100 Submitting a text entry box, a website url, a media recording, or a file upload S u bm it A ssig n m en t I n di vidu al W ritte n A ssig n m en t 1 Independent gasoline stations have been having a dif ficult time, nevertheless, Anna Li has been thinking about starting her own independent gasoline station. Anna’ s problem is to decide how large her station should be. The annual returns will depend on both the size of her station and a number of marketing factors related to the oil industry and demand for gasoline.

After a careful analysis, Anna developed the following table of the profit (or loss) realized for each size station based on market conditions:

SIZE OF FIRST STATION GOOD MARKET ($) FAIR MARKET ($) POOR MARKET ($) Small 60,000 25,000 -5,000 Medium 90,000 40,000 -20,000 Large 110,000 60,000 -30,000 V ery large 280,000 50,000 -200,000 ___________________________________________________________________________________________________________________________________________ D eliv e ra b le s  1. Using Excel, design a decision table for this decision. 2. What is the maximin decision? 3. What is the maximax decision? 4. What is the Laplace decision? 5. What is the Hurwicz Criterion decision? Highlight your answers, and remember to show all calculations in order to get full credit for your answers. (CLO 1,6) P ap er S p eci cs Although this is a working paper it is also a research paper; therefore, it should be developed, organized and presented using AP A formatting guidelines – including the use of a title page, citations, headings, tables, figures, references and appendices (if applicable); be sure to cite at least three scholarly researched sources . Any calculations and graphs may be done in Excel, and then transferred to a Word document. All calculations should be clearly explained as to your assumptions and how you arrived at your answers.

The submitted assignment MUST BE a Word Document. (SLO11) Pap er W rit in g R eq uir e m en ts Most classes have a 2 paper requirement per course. Please be sure to address the following requirements when completing your papers: The cover page and reference page/s are not included in the above-stated page requirement. These should be in addition to page requirements.

Papers need to be formatted in proper AP A style.

Each paper requires a minimum of at least three outside peer-reviewed sources for your references. Acceptable/credible sources include: Academic journals and books, industry journals, and the class textbook. You could use credible business website sources in addition to these but avoid Wikipedia and Google. These are academic papers that need to include scholarly research. Using your textbook is highly recommended to demonstrate that you have read the required material.摘 关闭 Total Points: 100.0 Grading Rubric for Quantitative Problem-Solving Criteria Ratings Pts 20.0 pts 50.0 pts 15.0 pts 15.0 pts Pl agia ris m According to www .merriam-webster .com/dictionary/plagiarized ( h ttp s://w ww.m erria m -w eb ste r.c o m /d ic tio nary /p la g ia riz e d ) PLAGARIZE: transitive verb ( h ttp s://w ww.m erria m -w eb ste r.c o m /d ic tio nary /t r a n sit iv e) : to steal and pass of f (the ideas or words of another) as one's own : use (another's production) without crediting the source intransitive verb ( h ttp s://w ww.m erria m -w eb ste r.c o m /d ic tio nary /in tr a n sit iv e) : to commit literary theft : present as new and original an idea or product derived from an existing source With this said, it is very important to show backing for your thought, so if you are summarizing/paraphrasing another ’s work, cite that work, or any work that shows backing for your thought directly after you have written it. Each paragraph starts over when citing, so remember that citing in one paragraph does not cover your reference requirements for your whole paper . Also, if you quote more than 3 words in a row that are exactly the same as your source, be sure to add in quote marks around those words, then add the page or para# with the rest of the reference citation at the end of the quote mark.

Your AP A 6 edition guide is an excellent resource. It is highly recommended that you own one. Our Librarian and/or our W riting Tutors are also very helpful and FREE! Be sure to utilize the CiAM tutor , [email protected] ( m ailt o :tu to r@ cia m .e d u) , if you are needing support with grammar before you submit your paper . This is an incredible resource and can make the dif ference between earning an A or not. Once your paper is reviewed by the tutors, make the recommended changes and then submit your paper to our course before the due date. th Unders ta nds th e P ro ble m Unders ta nds th e P ro ble m 20% 20.0 t o > 1 6.0 p ts E xcelle n t S tu dent d em onstr a te s a bilit y to in te gra te c o nce pts a nd a pply fu nctio nal to ols w ith in th e a ppro pria te b usin ess d is cip lin es to s o lv e a c o m ple x p ro ble m . W here r e se arc h is r e quire d, s o urc e s o r e xa m ple s m eet r e quire d crit e ria , a re s ch ola rly a nd a re w ell ch ose n to p ro vid e s u bsta nce a nd p ers p ectiv es o n th e is su e u nder e xa m inatio n. C le ar u se o f L IR N or o th er r e se arc h d ata base s 16.0 t o > 6 .0 p ts G ood S tu dent d em onstr a te s a bilit y to in te gra te c o nce pts a nd a pply m ost o f th e fu nctio nal to ols w ith in th e a ppro pria te b usin ess d is cip lin es. T here m ay b e m inor fla ws to s o lv in g th e p ro ble m . W here r e se arc h is r e quire d, s o urc e s o r e xa m ple s m eet re quire d c rit e ria b ut a re le ss ‐ th an adequate ly c h ose n to p ro vid e s u bsta nce a nd p ers p ectiv es o n th e is su e u nder exa m inatio n. 6.0 t o > 5 .0 p ts N eed s Im pro vem en t S tu dent a tte m pts b ut d oes n ot fu lly dem onstr a te a bilit y to in te gra te c o nce pts o r a pply th e n eeded fu nctio nal to ols .

There a re fla ws th at w ill pre ve nt s o lv in g th e p ro ble m c o rre ctly . W here r e se arc h is r e quire d, s o urc e s o r e xa m ple s d o n ot m eet r e quire d c rit e ria a nd a re p oorly c h ose n to p ro vid e s u bsta nce a nd pers p ectiv es o n th e is su e u nder exa m inatio n. 5.0 t o > 0 p ts D oes N ot M eet R eq uir m en ts S tu dent m ake s lit tle o r n o atte m pt to d em onstr a te a bilit y to in te gra te c o nce pts o r a pply th e n eeded fu nctio nal to ols .

W here r e se arc h is r e quire d, so urc e o r e xa m ple s e le ctio n and in te gra tio n o f k n ow le dge fr o m th e c o urs e is c le arly d efic ie nt. N o e vid ence o f re se arc h . C alc ula tio ns perfo rm ed C alc ula tio ns perfo rm ed 50% 50.0 t o > 4 5.0 p ts E xcelle n t W ork s h ow n is lo gic al. D ia gra m s o r la bele d w ork s u pport th e s tr a te gy.

C alc ula tio ns a re c o m ple te ly c o rre ct, a nd a nsw ers p ro perly la bele d. 45.0 t o > 3 6.0 p ts G ood C alc ula te d a n a nsw er b ut w as u nable to e xp la in th e s tr a te gy. W ork s h ow n h as gaps. C alc ula tio ns a re m ostly c o rre ct; m ay c o nta in m inor e rro rs . 3 6.0 t o > 2 4.0 p ts N eed s Im rp ovem en t A tte m pte d to s o lv e th e p ro ble m . W ork is p artia lly s h ow n. M ajo r e rro rs in e xp la ining s tr a te gy m ay b e e vid ent.

C alc ula tio ns c o nta in m ajo r e rro rs . 2 4.0 t o > 0 p ts D oes N ot M eet R eq uir e m en ts C alc ula te d a n a nsw er b ut w as u nable to e xp la in th e s tr a te gy. W ork s h ow n h as gaps. C alc ula tio ns a re m ostly c o rre ct; m ay c o nta in m inor e rro rs . A nsw ers th e P ro ble m Answ ers th e P ro ble m 15% 15.0 t o > 8 .0 p ts E xcelle n t C orre ct a nsw er o r so lu tio n o f p ro ble m 8.0 t o > 4 .0 p ts G ood C orre ct a nsw er o r s o lu tio n with m inor la belin g e rro r. 4 .0 t o > 2 .0 p ts N eed s Im pro vem en t C opyin g e rro r, c o m puta tio nal e rro r, p artia l a n sw er fo r p ro ble m w ith m ultip le answ ers , a nsw er la bele d in co rre ctly . N o a nsw er s ta te m ent 2.0 t o > 0 p ts D oes N ot M eet R eq uir e m en ts W ro ng a nsw er b ase d u pon a n in appro pria te p la n. N o a nsw er O rg aniz atio n and R eadabilit y Org aniz atio n and R eadabilit y 1 5% 15.0 t o > 8 .0 p ts E xcelle n t W rit te n w ork p ro gre sse s lo gic ally a nd id eas a re w ell- deve lo ped a nd c o hesiv e.

T here is a c le ar b egin nin g, m iddle a nd end. P ara gra phs, id eas, a nd illu str a tio ns are w ell deve lo ped; tr a nsitio ns a re s e am less. A s n eeded, e ff e ctiv ely u tiliz es A PA fo rm ats fo r h eadin gs ( in clu din g tit le p age, s e ctio n b re aks), la belin g o f ta ble s and fig ure s, in -te xt c ita tio ns, a nd re fe re nce lis ts . 8 .0 t o > 4 .0 p ts G ood W rit te n w ork p ro gre sse s lo gic ally a nd id eas a re fa irly co m ple te . T ra nsitio ns b etw een p ara gra phs a nd id eas are o cca sio nally m issin g o r in co m ple te . P ara gra phs, id eas, a nd illu str a tio ns a re n ot c o nsis te ntly c o hesiv e; H ow eve r, th e r e ader c a n fo llo w th e p aper’s flo w. A s needed, u tiliz es A PA fo rm ats , fo r h eadin gs ( in clu din g tit le p age, s e ctio n b re aks), la belin g o f ta ble s a nd fig ure s, in -te xt c ita tio ns, a nd r e fe re nce lis ts , b ut occa sio nally fo rg ets in -te xt r e fe re nce s o r o th er m inor erro rs 4 .0 t o > 2 .0 p ts N eed s Im pro vem en t W rit te n w ork o fte n d oes n ot pro gre ss lo gic ally a nd id eas a re o fte n n ot fu lly fo rm ed. T ra nsitio ns are o fte n m issin g o r in co m ple te .

Lack o f c o hesio n m ake s it d iffic ult to fo llo w th e p aper’s flo w.

Fre quently in co rre ct A PA fo rm attin g whic h in clu des h eadin gs, la belin g of ta ble s a nd fig ure s, in -te xt cita tio ns, a nd r e fe re nce lis ts . 2 .0 t o > 0 p ts D oes N ot M eet R eq uir e m en ts W rit te n w ork la cks lo gic al flo w a nd id eas a re n ot fu lly fo rm ed. T ra nsitio ns a re n ot vis ib le. C ohesio n is n onexis te nt, a nd th e r e ader ca nnot fo llo w th e flo w o f th e paper. N o o rg aniz atio n appare nt. N o fo rm attin g o r vir tu ally n o A PA fo rm attin g where e xp ecte d.摘 关闭