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  3. Study Set
    Operations Management Study Set 2
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    Exam 22: Decision-Making Tools
  5. Question
    A Decision Maker Using the Maximax Criterion on the Problem
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A Decision Maker Using the Maximax Criterion on the Problem

Question 3

Question 3

Multiple Choice

A decision maker using the maximax criterion on the problem below would choose Alternative ________ because the maximum of the row maximums is ________. A decision maker using the maximax criterion on the problem below would choose Alternative ________ because the maximum of the row maximums is ________.   A) A; 60 B) B; 80 C) C; 70 D) D; -100 E) D; 140


A) A; 60
B) B; 80
C) C; 70
D) D; -100
E) D; 140

Correct Answer:

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