In using the criterion of realism (Hurwicz criterion), the coefficient of realism(?): a. Is the probability of
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In using the criterion of realism (Hurwicz criterion), the coefficient of realism(?):
a. Is the probability of a good state of nature.
b. Describes the degree of optimism of the decision maker.
c. Describe the degree of pessimism of the decision maker.
d. is usually less than
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Quantitative Analysis for Management
ISBN: 978-0132149112
11th Edition
Authors: Barry render, Ralph m. stair, Michael e. Hanna
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