Frank wesley, project manager for the logon project, is concerned about the deve

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Frank wesley, project manager for the logon project, is concerned about the development ... Question: Q.3. Frank Wesley, project manager for the LOGON project, is concerned about the development time... 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:

Creative Robotics Workload Strategy

Payoffs:

Strategy Slow Average Busy

S1 4 6 8

S2 3 4 7

S3 3 6 6

Using Maximin, what strategy should Frank adpot? Show work

Explanation / Answer

Maximin would involve choosing the lowest score alternative for all three strategies and then selecting the highest amongst that. Based on the above table, we should select strategy S1 should be selected.

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