Management science mcq set 3

81. The minimum EOL will always result in the same decision asA. minimaxB. maximinC. maximum emvD. maximax AnswerC. maximum emv 82. Decision theory is concerned withA. methods of arriving at an optimal decisionB. selecting optimal decision in sequential mannerC. analysis of information that is availableD. all of the above AnswerD. all of the above 83….

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