Assume that the probabilities of demand in Problem S1-17 are no longer valid; the decision situation is
Question:
a. Maximin
b. Maximax
c. Hurwicz (α = 0.4)
d. Minimax regret
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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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