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    Management Science Quantitative Approach
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    Exam 13: Decision Analysis
  5. Question
    Which of the Following Methods for Decision Making Best Protects
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Which of the Following Methods for Decision Making Best Protects

Question 52

Question 52

Multiple Choice

Which of the following methods for decision making best protects the decision maker from undesirable results?


A) the optimistic approach
B) the conservative approach
C) minimum regret
D) minimax regret

Correct Answer:

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