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billyhilly billyhilly
wrote...
Posts: 479
4 years ago
In handling uncertainty in decision modeling, what does the pessimistic approach do?

▸ It assumes the worst possible outcome of each alternative will occur and then selects the best of them.

▸ It assumes the worst possible outcome of one alternative will occur and then avoids it.

▸ It assumes the worst possible outcome of some alternatives will occur and then selects the best of them.

▸ It assumes the worst possible outcome of each alternative will occur and then selects the worst of them.
Textbook 
Analytics, Data Science, & Artificial Intelligence: Systems for Decision Support

Analytics, Data Science, & Artificial Intelligence: Systems for Decision Support


Edition: 11th
Authors:
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Replies
wrote...
4 years ago
It assumes the worst possible outcome of each alternative will occur and then selects the best of them.
billyhilly Author
wrote...
4 years ago
Exactly what I needed for my project, TYSM
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