Question

b) The research department of Hindustan Lever has recommended the marketing department to launch a shampoo of three different types of shampoo to be launched under the following pay-offs(in millions of Rs) for various levelsof sales:

   

Estimated level ofsale(Units)

  

15,000

10,000

5,000

Type of

Shampoo

   

Egg

Shampoo

30

10

10

Clinic

Shampoo

40

15

5

Deluxe

Shampoo

55

20

3

    

What will be the marketing manager's decision if (a) Maximin, (b) Maximax, (c) Laplace and (d) regret criterion.​

Answer 1

Answer:

bcda

Step-by-step explanation:

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