What is the most optimistic of all possible strategies, Operation Management

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What is the most optimistic of all possible strategies

1. What is the most optimistic of all possible strategies?

A) Minimax

B) Maximax

C) Maximin

D) Minimax regret

2. Which of the following is NOT a component of the decision-making process?

A) Alternatives

B) Payoff

C) States of nature

D) Seasonal indexes

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