Complete each of the questions below and submit your answers for grading. Point form answers are
preferred. Refer to the information in Lecture 3 for help completing these questions. Students can
submit the answers in Word, Excel, or through scanned hand-written responses (do NOT submit PDF
files). All submissions must be made in Moodle. Papers will be graded and returned via Moodle.
1) Using the information in the table below determine whether or not Basin Insurance Limited should
hire three insurance agents using Incremental Method. Hint: Recreate the table on Slide 19 in Lecture 3.
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