
Introduction to Management Science 12th Edition by Bernard Taylor
Edition 12ISBN: 978-0133778847
Introduction to Management Science 12th Edition by Bernard Taylor
Edition 12ISBN: 978-0133778847 Exercise 47
A television network is attempting to decide during the summer which of the following three football games to televise on the Saturday following Thanksgiving Day: Alabama versus Auburn, Georgia versus Georgia Tech, or Army versus Navy. The estimated viewer ratings (millions of homes) for the games depend on the win-loss records of the six teams, as shown in the following payoff table:
Determine the best game to televise, using the following decision criteria.
a. Maximax
b. Maximin
c. Equal likelihood

a. Maximax
b. Maximin
c. Equal likelihood
Explanation
Maximax Criterion - Select the maximum p...
Introduction to Management Science 12th Edition by Bernard Taylor
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