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Busıness Decısıon Models
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Busıness Decısıon Models Deneme Sınavı Sorusu #1372305
Busıness Decısıon Models Deneme Sınavı Sorusu #1372305
Which of the following describes when the expected value criterion is commonly used in decision making at risk?
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when comparing alternatives that involve money |
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when the expected profit maximized |
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when potential consequences multiplied |
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when there is failure to select the best alternative |
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when minimum expected opportunity loss is calculated |
Yanıt Açıklaması:
In decision making at risk, the expected value criterion is commonly used when comparing alternatives. And when the decision’s consequences involve only money, we can calculate the Expected Monetary Value (EMV).
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