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    Statistics
  3. Study Set
    Operations and Supply Chain Management Study Set 4
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    Exam 2: Supplement Operational Decision-Making Tools: Decision Analysis
  5. Question
    A Decision Criterion in Which the Decision Payoffs Are Weighted
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A Decision Criterion in Which the Decision Payoffs Are Weighted

Question 21

Question 21

True/False

A decision criterion in which the decision payoffs are weighted by a coefficient of optimism is known as the Hurwicz criterion.

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