=4. Which of the following is a decision-making criterion that is used for decision making under risk?
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=4. Which of the following is a decision-making criterion that is used for decision making under risk?
a. expected monetary value criterion
b. Hurwicz criterion (criterion of realism)
c. optimistic (maximax) criterion
d. equally likely criterion
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Related Book For 
Quantitative Analysis For Management
ISBN: 9789332578692
12th Edition
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna
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