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GRUPO: 212066_57
ELABORADO POR
EDINSON BARRERA
PRESENTADO A
RICARDO PINEDA
UNAD
AÑO: 2019
Exercise 1. Laplace, Wald or pessimistic, optimistic, Hurwicz and Savage criteria
(Profit Matrix):
Sharma, J. (2016). Operations Research : Theory and Applications. (pp. 341-347), New
Delhi: Laxmi Publications Pvt Ltd, v. Sixth edition. Available in the knowledge
environment of the course.
In the company ABC several alternatives are presented to choose the best technology of
four possible, whose performance depends on the adaptation of the workers who will
manipulate the equipments that comprise it. The expected benefits of each alternative
and degree of adaptation of the workers are given in the table, in millions of pesos ($).
For Hurwicz please assume an alpha of 0,7.
LAPLACE
WALD OR PESSIMISTIC
Alternative Does not fit Fits acceptably Fits successfully Fits well Fits very well Results
Technology 1 2118 2168 2213 2265 2330 2118
Technology 2 2109 2158 2245 2252 2328 2109
Technology 3 2145 2177 2232 2256 2303 2145
Technology 4 2130 2166 2206 2255 2322 2130
Technology 5 2128 2165 2213 2275 2335 2128
OPTIMISTIC
Alternative Does not fit Fits acceptably Fits successfully Fits well Fits very well Results
is chosenbe Technology 5.
HURWICZ
Fits very
Alternative Does not fit Fits acceptably Fits successfully Fits well well Results
Technology 1 2118 2168 2213 2265 2330 2266.4
Technology 2 2109 2158 2245 2252 2328 2262.3
Technology 3 2145 2177 2232 2256 2303 2255.6
Technology 4 2130 2166 2206 2255 2322 2264.4
Technology 5 2128 2165 2213 2275 2335 2272.9
Technology 5 is taken.
SAVAGE
Alternative Does not fit Fits acceptably Fits successfully Fits well Fits very well Results
Technology 1 27 9 32 10 5 32
Technology 2 36 19 0 23 7 36
Technology 3 0 0 13 19 32 32
Technology 4 15 11 39 20 13 39
17
Technology 5 12 32 0 0 32
𝟐𝟏𝟒𝟓 − 2118 = 27 ∗ 𝟐𝟏𝟕𝟕 − 2168 = 9 ∗ 𝟐𝟐𝟒𝟓 − 2213 = 32 ∗ 𝟐𝟐𝟕𝟓 − 2265 = 10 ∗ 𝟐𝟑𝟑𝟓 − 2330 = 5
𝟐𝟏𝟒𝟓 − 2109 = 36 ∗ 𝟐𝟏𝟕𝟕 − 2158 = 19 ∗ 𝟐𝟐𝟒𝟓 − 2245 = 0 ∗ 𝟐𝟐𝟕𝟓 − 2252 = 23 ∗ 𝟐𝟑𝟑𝟓 − 2328 = 7
2145 − 2145 = 0 ∗ 𝟐𝟏𝟕𝟕 − 2177 = 0 ∗ 𝟐𝟐𝟒𝟓 − 2232 = 13 ∗ 𝟐𝟐𝟕𝟓 − 2256 = 19 ∗ 𝟐𝟑𝟑𝟓 − 2303 = 32
𝟐𝟏𝟒𝟓 − 2130 = 15 ∗ 𝟐𝟏𝟕𝟕 − 2166 = 11 ∗ 𝟐𝟐𝟒𝟓 − 2206 = 39 ∗ 𝟐𝟐𝟕𝟓 − 2255 = 20 ∗ 𝟐𝟑𝟑𝟓 − 2322 = 13
𝟐𝟏𝟒𝟓 − 2128 = 17 ∗ 𝟐𝟏𝟕𝟕 − 2165 = 12 ∗ 𝟐𝟐𝟒𝟓 − 2213 = 32 ∗ 𝟐𝟐𝟕𝟓 − 2275 = 0 ∗ 𝟐𝟑𝟓 − 𝟐𝟑𝟑𝟓 = 0
A warehouse of finished products that leases its services to imports from the USA, must
plan its level of supply to satisfy the demand of its customers in the day of love and
friendship. The exact number of crates is not known, but is expected to fall into one of
five categories: 610, 630, 680, 715 and 730 crates. There are therefore four levels of
supply. The deviation from the number of hoppers is expected to result in additional
costs, either due to excessive supplies or because demand can not be met. The table
below shows the costs in hundreds of dollars (US $). For Hurwicz please assume an alpha
of 0,75.
According to Table 2 by applying the criteria of Laplace, Wald or pessimistic, optimistic
criteria, Hurwicz and Savage determine the optimal decision level according to the
benefit criteria.
LAPLACE
WALD OR PESSIMISTIC
OPTIMISTIC
SAVAGE
A warehouse of finished products that leases its services to imports from the USA, must
plan its level of supply to satisfy the demand of its customers in the day of love and
friendship. The exact number of crates is not known, but is expected to fall into one of
five categories: 580, 720, 750, 790 and 830 crates. There are therefore four levels of
supply. The deviation from the number of hoppers is expected to result in additional
costs, either due to excessive supplies or because demand can not be met. The table
below shows the costs in hundreds of dollars (US $). For Hurwicz please assume an alpha
of 0,55.
According to Table 3 by applying the criteria of Laplace, Wald or pessimistic, optimistic
criteria, Hurwicz and Savage determine the optimal decision level according to the
benefit criteria.
LAPLACE
WALD OR PESSIMISTIC
The best state would be 1, since looking at the results is the most appropriate.
OPTIMISTIC
HURWICZ
SAVAGE
Sharma, J. (2016). Operations Research : Theory and Applications. (pp. 383-391), New
Delhi: Laxmi Publications Pvt Ltd, v. Sixth edition. Available in the knowledge
environment of the course.
Graphical solutions are only applicable to games in which at least one of the players has
only two strategies. Consider the following 2 x n game:
Player 2
Strategy
A B C
I 27 33 38
Player 1
II 19 25 31
According to Table 4 find the value of the game by means of the graphical method
applied to matrices 2 x n or m x 2.
player 2
A B C min
I 27 33 38 27
Player 1
II 19 25 31 19
max 27 33 38
The minimum and maximum given the same 27, we deliver the game.
Graphical solutions are only applicable to games in which at least one of the players has
only two strategies. Consider the following game m x 2:
Player 2
Strategy
A B
I 27 35
Player 1 II 31 35
II 33 37
According to Table 5, find the value of the game by means of the graphical method
applied to matrices 2 x n or m x 2.
Player 2
Strategy
A B min
I 27 35 27
Player 1 II 31 35 31
II 33 37 33
max 33 37
As the minimum and maximum gave us 33 we give the game over.
Sharma, J. (2016). Operations Research : Theory and Applications. (pp. 383-391), New
Delhi: Laxmi Publications Pvt Ltd, v. Sixth edition. Available in the knowledge
environment of the course.
The games represent the latest case of lack of information where intelligent opponents
are working in a conflicting environment. The result is that a very conservative criterion
is generally proposed to solve sets of two people and sum zero, called minimax - maximin
criterion. To determine a fair game, the minimax = maximin, it is necessary to solve the
stable strategy through the Solver.
PLAYER B
81 83 81 80 91
PLAYER A
84 83 86 86 82
82 78 86 89 84
87 87 91 89 88
83 85 35 88 81
Solve the game of players A and B to determine the value of the game, using the proposed Excel
tool, according to the data in table 6.