Homework Answers
Answer: c. d1
| Decision | s1 | s2 | s3 | Minimum |
| d1 | 12 | 15 | 15 | 12 |
| d2 | 9 | 25 | 35 | 9 |
| d3 | 6 | 35 | 60 | 6 |
| Maximin | 12 |
The decision based on the pessimistic approach is d1 because the maximin value is 12 which corresponds to decisiomn alternative d1.
Answer: d. d3
| probability | 0.5 | 0.3 | 0.2 | |
| Decision | s1 | s2 | s3 | |
| d1 | 12 | 15 | 15 | 13.5 |
| d2 | 9 | 25 | 35 | 19 |
| d3 | 6 | 35 | 60 | 25.5 |
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non
excel solution, please!
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