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MAXIMAX method
Maximax method is based upon 'extreme optimism' the decision maker chooses that particular strategy which corresponds to the maximum of the maximum pay off for every strategy
Illustration
By using the above illustration:
Max. profits row maxima
Product A
+8
Product B
+12
Product C
+16
Ranking by using the MAXIMAX method = CBA
Draw the direction field for the subsequent differential equation. Draw the set of integral curves for this differential equation. Solution: y′ = y - x To draw direct
Find the derivatives of the following functions a) y = 5x 4 +3x -1-x 3 b) y = (x+1) -1/2 c) y= e x2+1 d) y= e 3x lnx e) y =ln(x+1/x)y
probability as that of flipping a coin eight times and getting all the times the same side of the coin.)
Simultaneous equations by substitution: Solve the subsequent simultaneous equations by substitution. 3x + 4y = 6 5x + 3y = -1 Solution: Solve for x: 3x = 6
Town x and town y were 270km apart. a car started from town x towards town y at a uniform speed of 60km/hr, while a motorcycle started from town y to town x at a uniform speed of 9
Describe Square and Diagonal Matrix.
E1) From your experience, and what you have studied so far, by which age would-you expect an average child to be ready to acquire the following concepts? i) Simple classificatio
199456-9029763
Two planes leave the airport at the similar time. Minutes later, plane A is 70 miles due north of the airport and plane B is 168 miles due east of the airport. Determine the distan
Union and Intersection - Set theory B ∩ C indicates the intersection of B and C. it is the set having all those elements that belong to both B and C If B = {5, 8, 11, 20, 2
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