Answer:
Check the explanation
Step-by-step explanation:
(a) Best decision based on maximax criterion= large facility
maximum in the two facilities is $300 and $800 of which $800 is the maximum, So larger facility satisfies maximax.
(b) Best decision based on maximin criterion= small facility
minimum in the two facilities is $100 and -$200 of which $100 is the maximum, So smaller facility satisfies maximin.
(c) Best decision based on minimax regret= large facility
maximum in the two facilities is $300 and $800 of which $300 is the minimum, So larger facility satisfies minimax regret.
Answer: B: Financing
Step-by-step explanation:
Financing is a type of loan that is paid with interest. This type of loan is paid with fixed installment until the debt is paid off. If the loan is defaulted, the bank gets to collect the car from the owner.
Answer:
False
Step-by-step explanation:
32 + 6 - 31 = 7 not -7