A decision maker using the maximax criterion on the problem below would choose Alternative ________ because the maximum of the row maximums is ________

States of Nature
1 2 3
Alternative A 50 55 60
Alternative B 30 50 80
Alternative C 70 80 70
Alternative D -100 -10 140

A) A; 60
B) B; 80
C) C; 70
D) D; -100
E) D; 140

E

Business

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