The decision rule in decision making under uncertainty that is most appropriate for the pessimistic manager would be:
A) maximin.
B) maximax.
C) Laplace.
D) minimax regret.
A
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Define these terms: financial statement, balance sheet, income statement, and audit. Explain the use of each.
What will be an ideal response?
Improvements in security, especially regarding the millions of shipping containers that enter the U.S. each year, are being held back by the lack of technological advances
Indicate whether the statement is true or false
Kirkeby Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Fixed Element per Month Variable Element per Container RefurbishedRevenue $4,700Employee salaries and wages$44,200 $1,300Refurbishing materials $700Other expenses$30,400 When the company prepared its planning budget at the beginning of May, it assumed that 32 containers would have been refurbished. However, 34 containers were actually refurbished during May.The "Refurbishing materials" in the flexible budget for May would have been closest to:
A. $24,100 B. $23,800 C. $22,400 D. $22,682
The latest trend in high-performance CPU design embeds multiple CPUs and cache memory on a single chip—an approach called ____
a. multiple-processor architecture b. multicore architecture c. multipath architecture d. partial execution architecture