What is the difference between expected payoff under certainty and expected payoff under risk? Explain the basic...

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What is the difference between expected payoff under certaintyand expected payoff under risk?

Explain the basic decision environment categories

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answer a The contrast between the normal result under assurance and the normal result under hazard The distinction between the normal result of examining and the normal result of no testing This estimates the normal gain from inspecting The contrast between expected result under conviction and expected result under hazard is the normal B estimation of impeccable data The expected fiscal esteem rule EMV is the basic leadership approach utilized with the choice condition of B chance The reality that human exercises ordinarily enhance when they are done on a dull premise is portrayed by ana B expectation to learn and adapt The four measurements of value that are some of the time used to decide readiness for utilization of an item are B execution uncommon highlights conformance and unwavering quality The objective of significant worth examination is to discover methods for E Both I and IIThe gathering of hardware by the activities expected to perform comparative work for part families is B cell fabricating layoutThe affect that a huge change in limit will have on a key merchant is aThe fundamental issue in the structure of process designs for administration activities concerns the relative situating of C divisions The maximax technique would be E EThe maximax procedure would be E exlargeThe maximin way to deal with basic leadership alludes to B augmenting the base return The maximin methodology would be C C The maximin methodology would be D extensive The most extreme admissible process duration is registered as A day by day working time partitioned by the coveted yield The technique for assessing area options which limits shipping costs between different sending and getting areas is B transportation show investigation The technique for assessing area choices which utilizes their aggregate cost bends is A costvolume examination The strategy for assessing area options which utilizes their composite weightednormal scores is The technique for monetary investigation which centers around the time span it takes to recoup the nitial cost of a    See Answer
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