A manager needs to hire short-term employees to meet production demands.The manager would like to hire one of three possible short-term workers.
(a)Which alternative is most optimistic?
(b)Which alternative is most pessimistic?
(c)Using the Hurwicz criterion with a coefficient of realism, α = 0.70, what is the best alternative?

Question

A manager needs to hire short-term employees to meet production demands.The manager would like to hire one of three possible short-term workers.
  (a)Which alternative is most optimistic?
(b)Which alternative is most pessimistic?
(c)Using the Hurwicz criterion with a coefficient of realism, α = 0.70, what is the best alternative?

Quizplus · Accepted Answer

The Answer of A manager needs to hire short-term employees to meet production demands.The manager would like to hire one of three possible short-term workers.
  (a)Which alternative is most optimistic?
(b)Which alternative is most pessimistic?
(c)Using the Hurwicz criterion with a coefficient of realism, α = 0.70, what is the best alternative?

A Manager Needs to Hire Short-Term Employees to Meet Production