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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 HCF & LCM of two expressions are respectively (x+3) and (x cube-7x+6). If one is x square+2x-3 , other is? Solution) (x+3) * (x^3-7x+6) = (x^2+2x-3) * y ( ) (HCF*LCM=
The frequency of oscillation of an object suspended on a spring depends on the stiffness k of the spring (called the spring constant) and the mass m of the object. If the spring is
If 3200 sweets cost 30 US Dollars how much will 13,500 sweets cost ?
the value of square root of 200multiplied by square root of 5=
Illustration of Rank Correlation Coefficient In a beauty competition two assessors were asked to rank the 10 contestants by using the professional assessment skills. The resul
find the polar coordinates of each point with the given rectangular coordinates. (-(squareroot(3)),3
what letters to fill in the boxes
Volumes of Solids of Revolution / Method of Rings In this section we will begin looking at the volume of solid of revolution. We have to first describe just what a solid of rev
number of ways that a mixed doubles tennis game can be arranged from 7 couples if no husband and wife play in the same game is??
1.)3 3/8 divided by 4 7/8 plus 3 2.)4 1/2 minus 3/4 divided by 2 3/8
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