Operational ResearchTU Board 2023
a) Two types of food manufacturers are competing for an increased market share. The payoff matrix describes the increase in market share of A and decrease of share of B. Determine optimal strategies…
10a) Two types of food manufacturers are competing for an increased market share. The payoff matrix describes the increase in market share of A and decrease of share of B. Determine optimal strategies for both the manufacturers and the value of the game.A \ BGive PriceDecrease PriceMaintain present strategyIncrease AdvertisingGive Price2520148Decrease Price27161214Maintain present strategy358156Increase Advertising-28135b) Write Hungarian algorithm to solve the assignment problem.
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