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No.3: Based on the following Pay off matrix (Profit matrix) States of Course of Actions/ Alternatives [LO5] [2 Marks] Nature A B C D P
No.3: Based on the following Pay off matrix (Profit matrix) States of Course of Actions/ Alternatives [LO5] [2 Marks] Nature A B C D P 6 12 19 24 Q 8 7 5 22 R 18 21 13 20 S 24 21 16 19 Calculate i) Maximax Criterion ii) Maximin Criterion iii) Minimax Regret Criterion iv) Laplace Criterion v) Hurwicz Criterion Question No.4: 2 Find the proper assignment of the following matrix. Employees/Jobs E1 E2 E3 J1 1967 Question No 5: J2 16 12 14 2624 3576 J3 10 [LO4] [1 Mark] LO5112 Morkel
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