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Busıness Decısıon Models
Busıness Decısıon Models Deneme Sınavı
Busıness Decısıon Models Deneme Sınavı Sorusu #1390493
Busıness Decısıon Models Deneme Sınavı Sorusu #1390493
What is "expected regret" in decision making?
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Comparing alternatives |
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Expected Monetary Value (EMV) |
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Expected Value (EV) |
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Decision’s consequences |
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Expected opportunity loss (EOL) |
Yanıt Açıklaması:
In decision making, instead of expected monetary value (EMV), it can also be used the expected opportunity loss (EOL) criterion, which is another approach based on a decision will be taken, also known as expected regret.
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