The variables which cannot be manipulated by the decision maker are called....................

Related MCQs

• The variables which can be manipulated by the decision maker are called....................
• Decision variables are
• If there are more than one optimal solutions for the decision variables, the solution is ...........
• ........................variables are fictitious and cannot have any physical meaning.
• If a decision theory problem has 3 decision alternatives and 4 states of nature, the number of payoffs in that problem will be
• For decision making under uncertainty, identify the decision rule that is appropriate for the optimist.
• What decision-making condition must exist for the decision tree to be a valuable tool?
• The variables whose coefficient vectors are unit vectors, are called ......................
• Controllable variables are also called..................................
• ………..models in which the input and output variables follow a probability distribution.