Business, 05.07.2021 19:40 caveman171
For a particular maximization problem, the payoff for best decision alternative is $15.7 million while the payoff for one of the other alternatives is $12.9 million. The regret associated with the alternate decision would be
a. $ 2.8 million.
b. $ 28.6 million
c. $ .129 million
d. $ 15.7 million
Answers: 1
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For a particular maximization problem, the payoff for best decision alternative is $15.7 million whi...
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