Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Decision Theory
Decisions
There are many types of decision making
1. Decision making under uncertainty
It refer to situations where more than one outcome can result from any single decision
2. Decision making under certainty
Whenever there exists only one outcome for a decision we are dealing along with this category for example linear programming, transportation sequencing and assignment and so on.
3. Decision making by using prior data
This occurs whenever it is possible to employ past experience or prior data to develop probabilities for the happened of each data
4. Decision making with no prior data
No past experience exists that can be utilized to derive outcome probabilities in this case the decision maker uses her or his subjective estimates of probabilities for different outcomes
What is Plotting Points? To "plot" or "graph" values means to find points on a number line. The numbers four, negative two, negative three, zero, two, and negative four are bei
A drug has a decay rate of k = - ¼ ln(¾) / hr. How soon after an initial dose of 1600 mg will the drug reach its minimum therapeutic value of 900 mg in the body?
#question.A manufacturer produces two items, bookcases and library tables. Each item requires processing in each of two departments. Department 1 has 40 hours available and departm
At time t an investor shorts a $1 face value zero coupon bond that matures at time T = t and uses the entire proceeds to purchase a zero coupon bond that matures at time
An orange has a diameter of 3 inches. Evaluate the volume of one orange. (π = 3.14) a. 9.42 in 3 b. 113.04 in 3 c. 28.26 in 3 d. 14.13 in 3 d. To determine the
A set can define as a precise group of distinct objects. Well-defined group means that there be a principle with the help of which it is probable to tell whether a given object rel
If F ( x,y, z) = x y² y4 i + ( 2x2 y + z) j - y3 z² k, find: i). question #Minimum 100 words accepted#
state tha different types of models used in operations research.
divid
whats the best way to solpve
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd