Decision-Making Conditions: Keep on Truckin' (Scenario)
Fiona Lui is general manager of Westcoast Trucks, a medium-sized hauling service located in Vancouver, B.C. She is responsible for scheduling trucks, initiating new routes, and staffing both existing and new routes. She is currently struggling to find more information about the profitability of existing and future truck routes.
-Sylvia,Fiona's scheduling assistant,is pessimistic about the company's ability to earn a profit from the proposed new truck route.Sylvia will most likely follow a ________ strategy.
A)multimax
B)minimin
C)minimax
D)maximin

Question

Quizplus · Accepted Answer

Given Sylvia's pessimistic view about the company's profitability on the proposed new truck route, she is likely to follow a maximin strategy. This approach involves choosing the option with the least negative outcome, aiming to minimize potential losses in the worst-case scenario.