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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
the size of my sitting room is 7metres by 6metres . i bought a rug for covering the centre of its floor. one metre of the floor around the edge of the room is not to be covered by
Kaylee makes 56 packages in seven hours Taylor makes 20% more packages in nine hours who makes more packages per hour
E1) How is the 'comparison model' different from the 'complementary addition model'? E2) Create one word problem related to the children's world for each of the 4 models liste
We require to check the derivative thus let's use v = 60. Plugging it in (2) provides the slope of the tangent line as -1.96, or negative. Thus, for all values of v > 50 we will ha
Dividing Whole Numbers: Example: Divide 347 by 5. Solution: Beginning from the left of the dividend, the divisor is divided into the
Spring, F s We are going to suppose that Hooke's Law will govern the force as the spring exerts on the object. This force will all the time be present suitably and is F s
-1+5-100=?
a deposit of 10,000 was made to an account the year you were born after 12 years the account is worth 16,600 what is the simple interest rate did the account earn?
Mathematical Problem Solving In 1945, mathematician George Polya (1887-1985) published a book titled How To Solve It in which he demonstrated his approach to solving problems.
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