Ünite Sınavı Soruları

A decision maker who has to decide under uncertainty in a decision problem he faces thinks all events are equally likely. Which of the following methods should the decision maker use?

The method used for the loss of opportunities when the best alternative is not selected is ___________.

The table provides the possible profit values for the monthly demand levels for each location. The aim of the decision maker is to make the maximum profit. Determine the most appropriate decision for the problem according to the Equally Likely Method.

E1, E2, and E3 show the events and A1, A2, A3, A4, and A5 show the alternatives. The cost values of each event are given in the following table. Which is the most appropriate decision according to the Criterion of Realism? (Alpha is 0.60)

Which of the following is not one of the methods of decision making under uncertainty?

Which formula can be applied to calculate Criterion of Optimism?

Make a decision with method of Minimax Regret using the information in the Table.
(The objective is minimization.)

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?

If the objective is minimization which product is the right choice according to minimax regret method?

__________ indicates that all events occur equally likely if the probability of occurrence of events is unknown. Therefore, calculation is made considering that the event’s possibility occur equally.

If decision maker has a pessimistic approach, the Criterion of Pessimism can be used. According to this criterion, the decision maker thinks that the ------- outcome for each alternative will be realized.

Which of the below is appropriate for the blank in the quoted sentence?

"The method used for the loss of opportunities when the best alternative is not selected is _______ ." Fill in the blank.

Which method of decision making under uncertainty is based on opportunity loss?

In which method, regardless of the objective function, the smallest value is always selected from the regret matrix?

Which of the following is not true for the method of Minimax Regret?

The amount lost when the best alternative is not selected is called:

Which of the following is not one of the methods of Decision Making Under Uncertainty?

"When the decision maker does not know the probabilities of occurrence of events, the
decision-making is called ________." With which of the following should this be filled in?