Question: Use graphical sensitivity analysis tn determine the range nf pruhahities nf state nf nature 31 fnr which each nf the decisinn alternatives has the largest

 Use graphical sensitivity analysis tn determine the range nf pruhahities nf

Use graphical sensitivity analysis tn determine the range nf pruhahities nf state nf nature 31 fnr which each nf the decisinn alternatives has the largest expected value- Suppnse PIEI] = [1.2 and PESE} = [1.3. What is the best decisinn using the expected value apprnach? Perfnrrn sensitivity analysis on the payan fnr decisinn alternative D1- Assume the prnhahilities are as given in part {b} and the range uf payn's under states uf nature 51 and 52 that 1.vil] keep the snlutinn fn und in part {b} nptirnal. Is the snlutinn rnnre sensitive tn the pavn' under state 131' nature 31 nr 52

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