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A Plant Manager Considers the Operational Cost Per Hour of Five

Question 59

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A plant manager considers the operational cost per hour of five machine alternatives.The cost per hour is sensitive to three potential weather conditions: cold, mild, and warm.The following table represents the operations cost per hour for each alternative-state of nature combination: A plant manager considers the operational cost per hour of five machine alternatives.The cost per hour is sensitive to three potential weather conditions: cold, mild, and warm.The following table represents the operations cost per hour for each alternative-state of nature combination:   Using the pessimistic criterion, which alternative is best? A) Machine 2 B) Machine 3 C) Machine 4 D) Machine 5 Using the pessimistic criterion, which alternative is best?


A) Machine 2
B) Machine 3
C) Machine 4
D) Machine 5

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