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5 Terms
1
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.
\ 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
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
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
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.