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Jay.M Jay.M
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Posts: 264
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5 years ago
The Vacation
Final exams are almost here and once they are done, it will be time to reward myself with a well-deserved vacation. As a state employee, I haven't seen a raise since... well, ever. Thus an important criterion, in fact the most important criterion is to find an exotic region that can be visited inexpensively. There are three states of nature that could impact costs in these five areas of interest, and they correspond to the relative strength of the US Dollar against that region's dominant currency. Rather than squander my time doing any actual publishable research, instead I have determined the average cost per day to visit each region under each of the possible states of nature. This table, which should not be construed as actual vacation advice, appears below.

RegionStrong DollarMiddling DollarWeak Dollar
Eastern Europe335457
Southeast Asia415636
Australia454458
Galapagos Islands373526
Scandinavia381148

What do the regrets look like for Scandinavia from left to right?

• 0, 21, 24

• 0, 15, 5

• 6, 0, 16

• 5, 0, 12
Textbook 
Introduction to Management Science

Introduction to Management Science


Edition: 13th
Author:
Read 67 times
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jjennaleighhjjennaleighh
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Posts: 182
5 years ago
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Jay.M Author
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5 years ago
Good timing, thanks!
wrote...

Yesterday
Helped a lot
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2 hours ago
Smart ... Thanks!
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