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! https://www.mathd.com/Student/PlayerTest.aspx?testld-182188631&centerwinayes 0207-678: Creating Value with Operations and Supply Chain Zi Wang & 9/20/18 4:25 PM Quiz: Supplement A Quiz Submit Quz This Question: 1 pt This Quiz: 9 pts possible The marketing department of the King Marine Co has been allocated funds to increase their budget for an upcoming boat show. The department manager has asked the staff to determine which class of their products should benefit from additional advertising. The staff has determined that the pertinent states of nature are low the following payoff matrix Category Low High 25 Cabin cruiser 40 Do Assuming an optimistic slant to the staff report, which product category should be recommended? O A. Speedboat OB, Fishing boat O C. Do nothing O D. Cabin cruiser

Explanation / Answer

Speedboat should be recommended. This is because as can be seen in the given table, speedboat has the highest percentage of low unemployment, and the lowest percentage of high unemployment thus giving an optimistic look to the staff report.

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