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Week 6 Quiz
1.(TCO 14) Briefly discuss the decision methods used when there is complete uncertainty as to which state in a decision environment may occur. (Points : 10)
2.(TCOs 10,11 and 12) Chad’s Pottery Barn has enough clay to make 24 small vases or 6 large vases. He has only enough of a special glazing compound to glaze 16 of the small vases or 8 of the large vases. Let X1 = the number of small vases and X2 = the number of large vases.
3.The smaller vases sell for $3 each, and the larger vases would bring $9 each.