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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
Factors in Denominator and Partial Fraction Decomposition Factor in denominator Term in partial fraction decomposition ax + b
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Each week Jaime saves $25. How long will it take her to save $350? Divide $350 by $25; 350 ÷ 25 = 14 weeks.
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