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    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 That Results in the Maximum of the Minimum
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A Decision Criterion That Results in the Maximum of the Minimum

Question 13

Question 13

True/False

A decision criterion that results in the maximum of the minimum payoffs is called a maximin criterion.

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