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    Operations Management
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    Exam 18: Operational Decision-Making Tools: Decision Analysis
  5. Question
    The Maximum Value of Perfect Information to the Decision Maker
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The Maximum Value of Perfect Information to the Decision Maker

Question 3

Question 3

Multiple Choice

The maximum value of perfect information to the decision maker is known as


A) the expected value of perfect information
B) the expected value of imperfect information
C) the minimum of the minimax regret
D) none of the above

Correct Answer:

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