Question: Using the below REGRET table, Regret TableSuccess Moderate Success Failure Sell Company 4 4 9 . 0 0 0 1 6 5 Form Joint Venture

Using the below REGRET table,
Regret TableSuccess Moderate Success
Failure
Sell Company
449.00
0
165
Form Joint Venture
0
557.00
55.00
Sell Software on own ,491.00
400
0
Using the MiniMax Regret Method, what is the value of the correct Decision Alternative? (the amount not the decision alternative)
Answer format: Number: Round to: 2 decimal places.
 Using the below REGRET table, Regret TableSuccess Moderate Success Failure Sell

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!