In handling uncertainty in decision modeling, what does the pessimistic approach do?

A) It assumes the worst possible outcome of one alternative will occur and then avoids it.
B) It assumes the worst possible outcome of some alternatives will occur and then selects the best of them.
C) It assumes the worst possible outcome of each alternative will occur and then selects the worst of them.
D) It assumes the worst possible outcome of each alternative will occur and then selects the best of them.

D

Business

You might also like to view...

Number of directors is set in the corporation's _________ or ________.

Fill in the blank(s) with the appropriate word(s).

Business

Organizational software packages often include ________ features that allow the software to be modified to meet organizational requirements

A) automation B) object oriented C) programming D) design E) customization

Business