decision theory, Operation Research

Assignment Help:
the following table gives place under different states of nature

Strategies States of nature
s1 s2 s3

A 10000 3000 2000
B 20000 25000 -15000
C 30000 18000 -50000

find the decision under hurwitz criterion

Related Discussions:- decision theory

Solve by simplex method, Solve by simplex method Maximize Z = 5...

Solve by simplex method Maximize Z = 5x 1 + 3x 2 Subject to 3x 1 + 5x 2 ≤ 15 5x 1 + 2x 2 ≤ 10 &         x 1 ≥ 0, x 2  ≥ 0 [Ans. Max Z = 235/19

Mr Diwakar, A PAPER MILL PRODUCES TWO GRADES OF PAPER VIZ., X AND Y. BECAUS...

A PAPER MILL PRODUCES TWO GRADES OF PAPER VIZ., X AND Y. BECAUSE OF RAW MATERIAL RESTRICTIONS, IT CANNOT PRODUCE MORE THAN 400 TONS OF GRADE X PAPER AND 300 TONS OF GRADE Y PAPER I

Simple size -sampling decisions, simple Size When a survey  is underta...

simple Size When a survey  is undertaken and  it is not  possible  to cover  the entire population, the marketing  researcher has to  answer a basic  question  - how  large  s

Linear programming problem, Solve the following Linear Programming Problem ...

Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

Replacement theory, if the year or age is given from 0 how to solve then?...

if the year or age is given from 0 how to solve then?

Principles of construction of research tool, Principles of Construction of ...

Principles of Construction of Research Tool Content of research tool should be based on aims and need of research problem: The questioning words must be concise compreh

Trade literature - classification of documents, Trade Literature: Trad...

Trade Literature: Trade literature consists of documents that give information on the processes and materials involved in the manufacture of a product, various types of produc

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd