The hurwiz method, Mathematics

Assignment Help:

The Hurwiz method

Hurwiz method was the concept of coefficient of optimism or pessimism introduced by L. Hurwicz. The decision maker takes into account both the minimum and maximum pay off for every alternative and assigns them weights according to his degree of optimism or pessimism. The alternative that maximizes the sum of these weighted payoffs is then chosen

 


Related Discussions:- The hurwiz method

Expert , i want to work with you, please guide me

i want to work with you, please guide me

Multiplication of complex numbers, Multiplication of complex numbers: ...

Multiplication of complex numbers: Example 1: Combine the subsequent complex numbers: (4 + 3i) + (8 - 2i) - (7 + 3i) =  Solution: (4 + 3i) + (8 - 2i) - (7 + 3i

Trigonometry, Prove: cotA/2.cotB/2.cotC/2 = cotA/2+cotB/2+cotC/2

Prove: cotA/2.cotB/2.cotC/2 = cotA/2+cotB/2+cotC/2

Interquarticles, (i may have spelled it wrong)but i forgot how to do them.

(i may have spelled it wrong)but i forgot how to do them.

Analalitic geometry, 1. Write down the canonical equations of the line pass...

1. Write down the canonical equations of the line passing through the point A(2,3, 4) and being parallel to the vector q ={5,0,-1}.

A card is drawn from a well shuffled deck of cards, A card is drawn from a ...

A card is drawn from a well shuffled deck of cards (i) What are the odds in favour of getting spade? (Ans: 1:3, 3:1, 3:10, 1:25) (ii)  What are the odds against getting a spa

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd