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For this assignment you will be using the discussion board/ forum. Explain the following decision making terms in your own words. Use examples, if necessary and make sure you read and respond to the postings of others.
1) Bounded rationality
3) Expected value of perfect information
4) Minimax regret approach to decision making
You are a consultant hired by an established medium-sized manufacturing corporation with 250 employees. It directly markets one unique product. The corporation is run by a new
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