Decision variables are

Related MCQs

• If there are more than one optimal solutions for the decision variables, the solution is ...........
• The variables which can be manipulated by the decision maker are called....................
• The variables which cannot be manipulated by the decision maker are called....................
• 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?
• ………..models in which the input and output variables follow a probability distribution.
• ........................ models assume that the values of the variables do not change with time during a particular period.
• Graphic method can be applied to solve a liner programming problem when there are only ........................... variables
• The variables whose coefficient vectors are unit vectors, are called ......................