"Certainty" in decision making __________.
A)typically applies only to programmed decisions
B)occurs when the decision maker has complete knowledge of the probability of the outcome for each alternative
C)refers to those situations when there is only one alternative
D)is said to exist when all alternatives have been enumerated

Question

Quizplus · Accepted Answer

Certainty in decision making occurs when the decision maker has complete knowledge of the probability of the outcome for each alternative. It does not refer to one specific alternative or only apply to programmed decisions. It is possible for all alternatives to be enumerated and yet certainty may not exist if there is not complete knowledge of the probabilities.

"Certainty" in Decision Making __________