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MAXIMAX method
Maximax method is based upon 'extreme optimism' the decision maker chooses that particular strategy which corresponds to the maximum of the maximum pay off for every strategy
Illustration
By using the above illustration:
Max. profits row maxima
Product A
+8
Product B
+12
Product C
+16
Ranking by using the MAXIMAX method = CBA
Two circles touch externally. The sum of their areas is 58 π cm 2 and the distance between their centres is 10 cm. Find the radii of the two circles. (Ans:7cm, 3cm) Ans:
Find the acute angle theta that satisfies the given equation. Give theta in both degrees and radians. You should do these problems without a calculator. Sin= sqroot3/2
solving
The sum of two consecutive even integers is the number 126. What are the integers? Two consecutive even integers are numbers in sequence, such as 4 and 6 or -30 and -32, that a
how to find eigen value for the given matrix 122 021 -122
Twins Olivia and Chelsea and their friend Rylee were celebrating their fourteenth birthdays with a party at the beach. The first fun activity was water games. As Nicole arrived, sh
what is the LCM of 18, 56 and 104 show working
1.Verify Liouville''s formula for y "-y" - y'' + y = 0 in (0, 1) ? 2.Find the normalized differential equation which has {x, xex} as its fundamental set. 3.6Find the general soluti
what are fractions
(19 + 7 i)
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