Question
Q.3. Frank Wesley, project manager for the LOGON project, is concerned about the development time for the robotic transporter. Although the subcontractor, Creative Robotics, has
Q.3. Frank Wesley, project manager for the LOGON project, is concerned about
the development time for the robotic transporter. Although the subcontractor,
Creative Robotics, has promised a delivery time of 6 weeks, Frank knows
that the actual delivery time will be a function of the number of other projects
Creative Robotics is working on. As an incentive to speed up delivery of the
transporter, Frank has three options:
S1: Do nothing
S2: Promise Creative Robotics a future contract with Iron Butterfly
S3: Threaten to never contract with Creative Robotics again.
He estimates the impact of these actions on delivery time would be as follows:
Payoffs: Creative Robotics Workload
Strategy Slow Average Busy
S1 4 6 8
S2 3 4 7
S3 3 6 6
What strategy should Frank adopt based upon uncertainty criteria? Use criteria
similar to the maximax, maximin, minimax regret, and maximum expected payoff,
except note that the criteria must be adapted because here the goal is to minimize
the payoff (time); this is in contrast to the usual case, which is to maximize
the payoff.
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