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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
Solve the following: Line Bearings Distance a. N 15 E 4km b. S 10 E ? c. N 80 W ?
Determine the slope following lines. Sketch the graph of line. The line which contains the two points (-2, -3) and (3, 1) . Solution we'll need to do is employ
If ABCD isaa square of side 6 cm find area of shaded region
what is the first step
just give me some tips to submit a good asignments
Evaluate the given limit. Solution: In this question none of the earlier examples can help us. There's no factoring or simplifying to accomplish. We can't rationalize &
definition of core marketing concepts
find all the kinds of fraction and give an 10 examples.
how to know if it is function and if is relation
A man is known to speak truth 3 out of 4 times.He throws adie and reports it is a six. Find the probability that it is actually a six. Solution) we can get a six if a man s
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