In the Following Two-Person Zero-Sum Game, the Payoffs Represent Gains $\left[ \begin{array} { l l } 5 & 2 \\2 & 1\end{array} \right]$

question 23

Multiple Choice

In the following two-person zero-sum game, the payoffs represent gains to the row player I and losses to the column player II. Which of the following statements is true?
$\left[ \begin{array} { l l } 5 & 2 \\2 & 1\end{array} \right]$

• A) The maximin strategy of player I is to always play the first row; the minimax strategy of player II is to always play the first column.
• B) The maximin strategy of player I is to always play the second row; the minimax strategy of player II is to always play the first column.
• C) The maximin strategy of player I is to always play the first row; the minimax strategy of player II is to always play the second column.
• D) The maximin strategy of player I is to always play the second row; the minimax strategy of player II is to always play the second column.

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Definitions:

Processing Orders

Entails the activities involved in handling and fulfilling customer orders, from placement to delivery.

Idle Capacity

The unused portion of the total available capacity within a company, often resulting in inefficiency and increased costs.

Activity-Based Costing

A costing methodology that assigns costs to products or services based on the activities they require, aiming for more accurate product costing.

Resource Consumption

The use of resources (such as raw materials, energy, or labor) in the production of goods or provision of services.