quiz pm1 micromedia: influence diagram

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Business

University/Undergrad

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Micromedia offers computer training seminars on a variety of topics. In the seminar each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a two-day seminar on the use of Microsoft Excel in statistical analysis. The price to charge for the seminar is $600 per student. The cost of the conference room, instructor compensation, lab assistants, and promotion is $9600. Micromedia rents computers for its seminars at a cost of $60 per computer per day. That is, it is a unit variable cost per day. Draw an influence diagram for a model for profit to put on the seminar. Assume there is plenty of seats and the demand is 40. Based on this problem, the following influence diagram is drawn. \ A in the influence diagram is \ \ Question options: The number of days of the seminar The number of attending students Total fixed cost Total cost Seat capacity Demand
Micromedia offers computer training seminars on a variety of topics. In the seminar each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a two-day seminar on the use of Microsoft Excel in statistical analysis. The price to charge for the seminar is $600 per student. The cost of the conference room, instructor compensation, lab assistants, and promotion is $9600. Micromedia rents computers for its seminars at a cost of $60 per computer per day. That is, it is a unit variable cost per day. Draw an influence diagram for a model for profit to put on the seminar. Assume there is plenty of seats and the demand is 40.

Based on this problem, the following influence diagram is drawn.

\
A in the influence diagram is

\
\
Question options:

The number of days of the seminar

The number of attending students

Total fixed cost

Total cost

Seat capacity

Demand
Seat capacity
2
New cards
Micromedia offers computer training seminars on a variety of topics. In the seminar each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a two-day seminar on the use of Microsoft Excel in statistical analysis. The price to charge for the seminar is $600 per student. The cost of the conference room, instructor compensation, lab assistants, and promotion is $9600. Micromedia rents computers for its seminars at a cost of $60 per computer per day. That is, it is a unit variable cost per day. Draw an influence diagram for a model for profit to put on the seminar. Assume there is plenty of seats and the demand is 40. Based on this problem, the following influence diagram is drawn. \ B in the influence diagram is \ The number of days of the seminar The number of attending students Total fixed cost Total cost Seat capacity Demand
Micromedia offers computer training seminars on a variety of topics. In the seminar each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a two-day seminar on the use of Microsoft Excel in statistical analysis. The price to charge for the seminar is $600 per student. The cost of the conference room, instructor compensation, lab assistants, and promotion is $9600. Micromedia rents computers for its seminars at a cost of $60 per computer per day. That is, it is a unit variable cost per day. Draw an influence diagram for a model for profit to put on the seminar. Assume there is plenty of seats and the demand is 40.

Based on this problem, the following influence diagram is drawn.

\
B in the influence diagram is

\
The number of days of the seminar

The number of attending students

Total fixed cost

Total cost

Seat capacity

Demand
Total cost
3
New cards
Micromedia offers computer training seminars on a variety of topics. In the seminar each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a two-day seminar on the use of Microsoft Excel in statistical analysis. The price to charge for the seminar is $600 per student. The cost of the conference room, instructor compensation, lab assistants, and promotion is $9600. Micromedia rents computers for its seminars at a cost of $60 per computer per day. That is, it is a unit variable cost per day. Draw an influence diagram for a model for profit to put on the seminar. Assume there is plenty of seats and the demand is 40. Based on this problem, the following influence diagram is drawn. \ C in the influence diagram is \ The number of days of the seminar The number of attending students Total fixed cost Total cost Seat capacity Demand
Micromedia offers computer training seminars on a variety of topics. In the seminar each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a two-day seminar on the use of Microsoft Excel in statistical analysis. The price to charge for the seminar is $600 per student. The cost of the conference room, instructor compensation, lab assistants, and promotion is $9600. Micromedia rents computers for its seminars at a cost of $60 per computer per day. That is, it is a unit variable cost per day. Draw an influence diagram for a model for profit to put on the seminar. Assume there is plenty of seats and the demand is 40.

Based on this problem, the following influence diagram is drawn.

\
C in the influence diagram is

\
The number of days of the seminar

The number of attending students

Total fixed cost

Total cost

Seat capacity

Demand
The number of attending students
4
New cards
Micromedia offers computer training seminars on a variety of topics. In the seminar each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a two-day seminar on the use of Microsoft Excel in statistical analysis. The price to charge for the seminar is $600 per student. The cost of the conference room, instructor compensation, lab assistants, and promotion is $9600. Micromedia rents computers for its seminars at a cost of $60 per computer per day. That is, it is a unit variable cost per day. Draw an influence diagram for a model for profit to put on the seminar. Assume there is plenty of seats and the demand is 40. Based on this problem, the following influence diagram is drawn. \ D in the influence diagram is \ The number of days of the seminar The number of attending students Total fixed cost Total cost Seat capacity Demand
Micromedia offers computer training seminars on a variety of topics. In the seminar each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a two-day seminar on the use of Microsoft Excel in statistical analysis. The price to charge for the seminar is $600 per student. The cost of the conference room, instructor compensation, lab assistants, and promotion is $9600. Micromedia rents computers for its seminars at a cost of $60 per computer per day. That is, it is a unit variable cost per day. Draw an influence diagram for a model for profit to put on the seminar. Assume there is plenty of seats and the demand is 40.

Based on this problem, the following influence diagram is drawn.

\
D in the influence diagram is

\
The number of days of the seminar

The number of attending students

Total fixed cost

Total cost

Seat capacity

Demand
Total fixed cost
5
New cards
Micromedia offers computer training seminars on a variety of topics. In the seminar each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a two-day seminar on the use of Microsoft Excel in statistical analysis. The price to charge for the seminar is $600 per student. The cost of the conference room, instructor compensation, lab assistants, and promotion is $9600. Micromedia rents computers for its seminars at a cost of $60 per computer per day. That is, it is a unit variable cost per day. Draw an influence diagram for a model for profit to put on the seminar. Assume there is plenty of seats and the demand is 40. Based on this problem, the following influence diagram is drawn. \ E in the influence diagram is \ The number of days of the seminar The number of attending students Total fixed cost Total cost Seat capacity Demand
Micromedia offers computer training seminars on a variety of topics. In the seminar each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a two-day seminar on the use of Microsoft Excel in statistical analysis. The price to charge for the seminar is $600 per student. The cost of the conference room, instructor compensation, lab assistants, and promotion is $9600. Micromedia rents computers for its seminars at a cost of $60 per computer per day. That is, it is a unit variable cost per day. Draw an influence diagram for a model for profit to put on the seminar. Assume there is plenty of seats and the demand is 40.

Based on this problem, the following influence diagram is drawn.

\
E in the influence diagram is

\
The number of days of the seminar

The number of attending students

Total fixed cost

Total cost

Seat capacity

Demand
The number of days of the seminar