Busıness Decısıon Models Deneme Sınavı Sorusu #1367108
A person who runs a soft drink shop plans to buy a vending machine for selling hot drinks in the upcoming winter months. The shopkeeper has identified five types of vending machines. The cost of these machines to the shopkeeper according to the density of the sales in winter is given in the table below.
The shopkeeper has optimistic personality structure. Accordingly, which is the most appropriate decision for the shopkeeper?
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Vending Machine 1 |
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Vending Machine 2 |
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Vending Machine 3 |
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Vending Machine 4 |
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Vending Machine 5 |
If decision maker has an optimistic approach, Criterion of Optimism method can be used. In this context, if the problem is the minimization, the best outcome is the lowest value. In this case, the alternative which is the smallest value is chosen. Accordingly, the correct answer is B (vending machine 2) with the smallest value (as seen in table above; 1).
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