If you are deciding to buy either machine A,B,or C with the objective of minimizing the sum of labor,material and utility costs,you are dealing with a single-criterion decision.

Question

Quizplus · Accepted Answer

Single-criterion decision means we have only one objective to minimize or maximize. In this case, the objective is to minimize the sum of labor, material, and utility costs, which is a single objective. Therefore, it is a single-criterion decision.

If You Are Deciding to Buy Either Machine A,B,or C