Question: Please post on both topics below. Discuss the appropriateness (in terms of circumstances) of these decision-making tools/approaches such as minimax, minimax regrets, EMV, and decision

Please post on both topics below.

  1. Discuss the appropriateness (in terms of circumstances) of these decision-making tools/approaches such as minimax, minimax regrets, EMV, and decision tree.
  2. Discuss how the Center of Gravity Method work and the two criteria in terms of shipping quantities when applying it.
  3. 150 word discussion

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