menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Operations Management Processes
  4. Exam
    Exam 16: Supplement A Decision Making
  5. Question
    Choosing the Alternative That Is the "Best of the Worst
Solved

Choosing the Alternative That Is the "Best of the Worst

Question 43

Question 43

Multiple Choice

Choosing the alternative that is the "best of the worst" using decision making under uncertainty would be:


A) maximin.
B) maximax.
C) Laplace.
D) minimax regret.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q38: A payoff table shows the amount for

Q39: Sensitivity analysis is a technique for systematically

Q40: A(n) _ is a schematic model of

Q41: In decision theory, the different courses of

Q42: Analyze the following decision tree. After determining

Q44: Use the following to answer the beekeeping

Q45: List and describe decision rules that are

Q46: A poultry farmer is debating whether to

Q47: The preference matrix technique can be used

Q48: A(n) _ is the difference between a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines