Question

Solve the following matrix game by using simplex method. A/B 1 2 3 1 6 1...

Solve the following matrix game by using simplex method.

A/B 1 2 3
1 6 1 2
2 1 4 1
3 3 4 5

a) What is the real price of the game?

b) What are the optimal probabilities for player A’s strategies?

c) What are the optimal probabilities for player B’s strategies?

Please show your workings, not just the answer, thank you!

Homework Answers

Answer #1

Answer:

The value lies  between 3 & 4

Use linear programming

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