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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
Explain the Algebraic Expressions and Equations? Writing a math problem algebraically means that you are using numbers and variables to represent relationships. "Three inche
(a) The generating function G(z) for a sequence g n is given by G(z) = 1 - 2z/(1 + 3z)3 Give an explicit formula for g n . (b) For the sequence gn in the previous part co
greens function for x''''=0, x(1)=0, x''(0)+x''(1)=0 is G(t,s)= {1-s for t or equal to s
2qt :6qt::x :48? help me solve x
sequencing problem
Show that for odd positive integer to be a perfect square, it should be of the form 8k +1. Let a=2m+1 Ans: Squaring both sides we get a2 = 4m (m +1) + 1 ∴ product of two
Determine if the following sequences converge or diverge. If the sequence converges find out its limit. a. {3n 2 - 1 / 10n + 5n 2 } ∞ n =2 b. {e 2n / n} ∞ n =1 c
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Memphis, Tennessee, and New Orleans, Louisiana, lie approximately on the same meridian. Memphis has latitude 35°N and New Orleans has latitude 30°N. Find the distance between these
Q. What is the probability of tossing a head? List the sample space for tossing a coin once. What is the probability of tossing a head? Solution: If you tossed a coin once
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