Question: Q9: A decision maker using the maximax criterion on the problem below would choose Alternative ________ because the maximum of the row maximums is ________.

Q9:

A decision maker using the maximax criterion on the problem below would choose Alternative ________ because the maximum of the row maximums is ________.

States of nature3

States of nature2

States of nature1

60

55

50

Alternative A

80

50

30

Alternative B

70

80

70

Alternative C

140

-10

-100

Alternative D

a.

D; 140

b.

B; 80

c.

A; 60

d.

D; -100

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