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Posted: April 20th, 2022
What strategy would company A use in allocating its salesmen? What strategy ought to company B use? What is the worth of the sport to company A? What is the that means of the worth of the sport in this drawback?
Two pc producers A and B are trying to promote pc techniques to 2 banks 1 and a couple of. Company A has four salesmen, company B solely has three salesmen accessible. The pc firms should determine upon what number of salesmen to assign to promote pc to every financial institution. Thus company A can assign four salesmen to financial institution 1 and none to financial institution 2 or three to financial institution 1 and one to financial institution 2, and so forth. Every financial institution will purchase one pc system. The likelihood that a financial institution will purchase from a specific pc company is immediately associated to the variety of salesmen calling from that company, relative to the entire salesmen calling. Thus, if company A assigns three salesmen to financial institution 1 and company B assigns two salesmen, the chances would be three out of 5 that financial institution 1 would buy company A’s pc system. (If none calls from both company the chances are one-half for purchasing both pc.) Let the payoff be the anticipated variety of pc techniques that company A sells. (2 minus this payoff is the anticipated quantity company B sells).
What strategy would company A use in allocating its salesmen? What strategy ought to company B use? What is the worth of the sport to company A? What is the that means of the worth of the sport in this drawback?
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What strategy would Company A make use of when allocating its salespeople? Which strategy ought to Company B make use of? What is the sport’s price to company A? What does the worth of the sport imply in this drawback?
A and B, two pc producers, are trying to promote pc techniques to banks 1 and a couple of. Company A has 4 salespeople accessible, whereas Company B solely has three. The pc firms should determine what number of salespeople to assign to every financial institution in order to promote computer systems. Thus, company A can assign 4 salespeople to financial institution one and none to financial institution two, or three to financial institution one and one to financial institution two, and so forth. Every financial institution will buy a single pc system. The probability that a financial institution will
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