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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
#question.
A 25 foot ladder just reaches the top of a house and forms an angle of 41.5 degrees with the wall of the house. How tall is the house?
do you guys have excel math
if a,b,c are in HP
-1
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application of vector in our daily life
compare: 643,251; 633,512; and 633,893. the answer is 633,512. what is the question?
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