W1

P1
P2
P3
demand

W2
20
10
12
200

W1
P1
P2
P3

Min

W3
16
10
18
400

W2
0
200
0
200
200
10400

supply
24
8
10
300

300
500
100

W3
300
100
0
400
400

0 <=
200 <=
100 <=
300
300

300
500
100

300
500
100

Source
Baker
Tiney
Arena
Demand

Busi

Source
Baker
Tiney
Arena

Busi

Demand
Min

Edu
10
12
15
12

pear
9
11
14
20

Edu
12
0
0
12
12

Homste
5
1
7
10

pear
20
0
0
20
20

Dummy
2
6
6
10

Homste
0
10
0
10
10

Supply
0
0
0
0

35
10
20

Dummy
3
0
7
10
10

358

0.761148
0.706303

Supply
0
0
0
0

35
10
7
0

35
10
20

D1
Cliftton
Danville
Dummy

D2
32
34
0
2000

D1
Cliftton
Danville
Dummy

Max

D3
34
30
0
5000

D2
0
2000
0
2000
2000

282000

D4
32
28
0
3000

D3
4000
0
1000
5000
5000

40
38
0
2000

5000
3000
4000

D4
0
0
3000
3000
3000

1000
1000
0
2000
2000

5000
3000
4000

5000
3000
4000

Prof
a
b
c
d

UG

Prof
a
b
c
d

UG

max

MBA
2.8
3.2
3.3
3.2

MS
2.2
3
3.2
2.8

MBA
0
0
0
1
1
13.3

Phd
3.3
3.6
3.5
2.5

MS
0
0
1
0
1

3
3.6
3.5
0

Phd
1
0
0
0
1

0
1
0
0
1

1
1
1
1

FC
SP

30000
50

VC
Small
Large

Mean
SD

16
24

Trials
1
2
3
498
499
500

demand
624.4121
1080.896
980.0715
722.6456
1247.525
1844.249

vc
16.83719
20.34783
18.69074
20.36276
23.34251
20.44648

profit
-9292.74
2050.918
685.3134
-8582.78
3255.879
24504.06

1200
300

7801.461
4339.717
16702.44
-373.786
13121.01
-1381.52

mean
loss
prob of risk

5993.492
134
0.268

0
0.166667

0.166667
0.333333

Sales
0
1
2
3
4
5
6
Trials
1
2
3
4
5
6
7
8
9
10

Probab
cum prob LL
0.08
0.08
0.12
0.2
0.28
0.48
0.24
0.72
0.14
0.86
0.1
0.96
0.04
1
Random Sales
0.4627
0.8745
0.4479
0.6712
0.4557
0.8435
0.2162
0.1699
0.1338
0.2278

2
5
2
3
2
4
2
1
1
2

UL
0
0.08
0.2
0.48
0.72
0.86
0.96

Sales
0.07
0.19
0.47
0.71
0.85
0.95
0.99

0
1
2
3
4
5
6

Stock price Prob

Cum prob LL
-2
0.05
0.05
-1
0.1
0.15
0
0.25
0.4
1
0.2
0.6
2
0.2
0.8
3
0.1
0.9
4
0.1
1
Trial
1
2
3
4

random Stock price CSP

0.1091
-1
0.9407
4
0.1941
0
0.8083
3

UL
0
0.05
0.15
0.4
0.6
0.8
0.9

38
42
45

Stock p
0.04
0.14
0.39
0.59
0.79
0.89
0.99

-2
-1
0
1
2
3
4

Mean
SD

36500
5000

Simulation
Trials
1
2
3
4
5
497
498
499
500

Mileage
40215.75
32669.76
51239.72
46814.66
22234.32
44495.19
33904.8
35842.46
46721.83

35188.31
37227.54
42255.15
37619.13
41836.88
41061.05
37811.64
38376.9
35256.92

Exceed 40000

126
0.252

Contractor a
Small
Large
Simulation
Trials
1
2
3
4
5
999
1000

600000
800000

Ca
780021.1
799522.3
657814.4
600009
793646.6
613716.2
741702.7

Contractor b
Mean
SD
Cb
633706.8
770466.7
800778.1
723896
675488.6
701741.8
746078.3

a ps
743547.1
611340.3
650441.8
742839.7
724458.4
785476.7
622607

b ps
637209.6
785245.3
832729.7
719322
668000.9
801068
744726.2

min bid
637209.6
611340.3
650441.8
719322
668000.9
785476.7
622607

952

700000
50000

H
SG
NG

B
20
15

15
18

400

200

300

H
SG
NG

min z

10
12

B
200
200
400
400
11900

500
400

SG
NG

500
400

SG
NG

C
0
200
200
200

300
0
300
300

500
400

min z

10
12

20
15

15
18

400

300

300

B
300
100
400
400
13200

600
500

C
0
300
300
300

300
0
300
300

600
400

600
500