Which of the following quantitative decision-making techniques would be appropriate for a

manager who has to make a series of sequential decisions where the expected payoffs and
probabilities associated with each alternative are known?



a. Payoff matrix
b. Decision tree
c. Game theory
d. Queuing model
e. Distribution model


B

Trades & Technology

You might also like to view...

Prohibitions on the abuse of drugs apply _____.

a. to any inappropriate use of drugs or other substances that cause impairment b. only to illegal drugs, such as cocaine, crystal meth, and many others like them c. only to illegal and prescription drugs, but no other substances d. only to using someone else’s prescription or overmedicating with prescription drugs

Trades & Technology

The mass flux required in this ideal cycle is nearest:

A 5-ton ideal air-conditioner operates between 120 kPa and 800 kPa. The refrigerant is R134a.

A) 350 kg/hr
B) 400 kg/hr
C) 450 kg/hr
D) 500 kg/hr

Trades & Technology

Why is the United States becoming a net exporter of gasoline and other refined petroleum products? What might that

mean for the petroleum industry in the United States?

What will be an ideal response?

Trades & Technology

As the volume of trade expands, economies become more independent

Indicate whether the statement is true or false

Trades & Technology