Landloc, a real estate development firm, is considering several alternative development projects. These include building and leasing
Question:
Determine the best investment using the following decision criteria.
a. Maximax
b. Maximin
c. Equal likelihood
d. Hurwicz (α =0.3)
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Related Book For
Operations Management Creating Value Along the Supply Chain
ISBN: 978-0470525906
7th Edition
Authors: Roberta S. Russell, Bernard W. Taylor
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