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Author Question: The difference between the expected payoff under perfect information and the maximum expected payoff ... (Read 82 times)

Alainaaa8

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on: Dec 3, 2019

Question 1

The expected value with perfect information
◦ is an input into the calculation of the expected value of perfect information.
◦ is the average of the maximax and the maximin.
◦ requires that each decision alternative have a known probability of occurrence.
◦ equals EVPI - EMV.
◦ none of the above.

Question 2

The difference between the expected payoff under perfect information and the maximum expected payoff under risk is
◦ economic order quantity.
◦ expected monetary value.
◦ expected monetary payoff.
◦ expected value of perfect information.
◦ PERT.
Operations Management (Canadian Edition) ¦ Heizer, Render, Griffin ¦ 1st Edition
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Marked as best answer by Alainaaa8 on Dec 3, 2019

kmb352

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Reply #1 on: Dec 3, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Alainaaa8

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Reply 2 on: Dec 3, 2019
YES! Correct, THANKS for helping me on my review

mammy1697

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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