Consider the following two-person, zero-sum game where Player A is the Manager and Player B is the worker and the payoffs in the table are for the row player, player A. Player B Player A b1 b2 A1 -1 -2 A2 0 2

a-explain why there is or is not a saddle point here. b-determine the optimal mixed strategy solution for each player. c-What is the value of the game?

Consider the following time series data: Week 1 2 3 4 5 6 Value 18 13 16 11 17 14

d-Calculate a two-week moving average for the data. e-What is the MSE for the problem? (The number) f-Use = 0.2 to compute the exponential smoothing values for the time series. g-Compute MSE from the exponential smoothing method. h-Based on MSE, which method of forecasting seems to be better with this data?

The Port of Savannah is considering an expansion of its container terminal. The port has experienced the following container throughput during the past 12 years (based on a standard unit of measure that need not concern us here): Year amount 1 526.1 2 549.4 3 606.0 4 627.0 5 695.7 6 734.9 7 761.1 8 845.4 9 1021.1 10 1137.1 11 1173.6 12 1233.4

What is the linear trend forecast line? What is your forecast for period 13 based on the linear trend forecast line?