Given the Following Decision Table in Which X, Y, and Z

question 40

Multiple Choice

Given the following decision table in which x, y, and z are decision alternatives and A and B are states of nature. Which alternative would be chosen if using the maximin criterion?

• A) A
• B) B
• C) x
• D) y
• E) z

---

Definitions:

Physical Outputs

The tangible products or goods that are produced through the manufacturing or production process of a business.

Cooperation

A process where individuals or groups work or act together for a common purpose or benefit.

Performance Measures

Metrics and standards used to assess and evaluate the effectiveness, output, or outcomes achieved by an individual, team, or organization.

Specific Goals

Objectives that are clearly defined, measurable, achievable, relevant, and time-bound.