(Solved): Answer the letters on the influence chart below Micromedia offers computer training seminars on a va ...

Answer the letters on the influence chart below Micromedia offers computer training seminars on a variety of topics. In the seminar each student works at a personal computer, practicing the particular activity that the Instructor is presenting. Micromedia is currently planning a two-day seminar on the use of Microsoft Excel in statistical analysis. The price to charge for the seminar is

per student. The cost of the conference room, instructor compensation, lab assistants, and promotion is

. Micromedia rents computers for its seminars at a cost of

per computer per day. That is, it is a unit variable cost per day. Draw an influence diagram for a model for profit to put on the seminar. Assume there is plenty of seats and the demand is 40 . Based on this problem, the following influence diagram is drawn.