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18. A payoff table, based on net profits, used to make a decision involving variable demand considers which kind of loss? a. Loss of future profits c. Loss from obsolete items b. Loss from understock costs d. Opportunity losses 19. A strategy for reaching a decision when uncertainty can be assigned probabilities is: a. Maximax criterion c. Criterion of rationality b. Maximin criterion d. Table of regrets 0. A researcher is given three options for leasing time on a supercomputer: 1/ Unlimited computer time for $6,000 per month; 2/ Pay $2,000 per month plus $40/hour of use; 3/Pay $80/hour. The researcher has developed this probability distribution concerning his monthly use of computer time