In handling uncertainty in decision modeling, the optimistic approach assumes
A) the best possible outcome of most alternatives will occur.
B) the best possible outcome of some alternatives will occur.
C) the best possible outcome of each alternative will occur.
D) the best possible outcome of one alternative will occur.

Question

Quizplus · Accepted Answer

The optimistic approach assumes that the best possible outcome of each alternative will occur. This approach is generally used when decision makers are very confident about the future and believe that their decisions will have a positive impact. It helps to identify the best-case scenario for each alternative and can be useful in situations where the decisions are irreversible or have a significant impact on the future.

In Handling Uncertainty in Decision Modeling, the Optimistic Approach Assumes