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NEW QUESTION: 1
A. Incident Management
B. Service Desk Service
C. Problem Management
D. Level Management
Answer: B
NEW QUESTION: 2
What is the main characteristic of a hub?
A. It regenerates the signal and retransmits on all ports.
B. When a packet arrives, the hub looks up the routing table before forwarding the packet.
C. It supports full-duplex mode of transmission.
D. It uses a MAC address table to switch frames.
Answer: A
NEW QUESTION: 3
The marketing department of a company is deciding on the price to charge for a key product. In setting this price, marketing needs to consider the price that a major competitor will charge for a similar product because the competitor's price will affect the demand for the company's product. Similarly, in setting its price, the competitor will consider what the company will charge. What is an appropriate mathematical technique for analyzing such a decision?
A. Sensitivity analysis.
B. Game theory.
C. Linear programming.
D. Probability theory.
Answer: B
Explanation:
Game (or decision) theory is a mathematical approach to decision making when confronted with an enemy or competitor. Games are classified according to the number of players and the algebraic sum of the payoffs. In a two-person game, if the payoff is given by the loser to the winner, the algebraic sum is zero and the game is called a zero-sum game. If it is possible for both players to profit, however, the game is a positive-sum game. Mathematical models have been developed to select optimal strategies for certain simple games.
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