BUSINESS DECISION MODELS (İŞLETME KARAR MODELLERİ) - (İNGİLİZCE) Dersi Decision Making Under Risk soru detayı:

PAYLAŞ:

SORU:
When is the expected value criterion commonly used in decision making at risk?

CEVAP:
In decision making at risk, the expected value criterion is commonly used when comparing alternatives, based on maximizing expected profit or minimizing expected loss. The expected value criterion attempts to find the expected profit maximized or the expected cost minimized. The profit or cost that will arise from each alternative is handled by certain possibilities.

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