Sentence examples for decision alternative from inspiring English sources

The expected value of a decision alternative is the sum of weighted payoffs for the decision.

For a maximization problem, the decision alternative with the largest expected value will be chosen; for a minimization problem, the decision alternative with the smallest expected value will be chosen.

The most common approach is to use the probabilities to compute the expected value of each decision alternative.

When probabilities for the states of nature are available, probabilistic criteria may be used to choose the best decision alternative.

The outcome resulting from the combination of a decision alternative and a particular state of nature is referred to as the payoff.

A decision strategy is a contingency plan that recommends the best decision alternative depending on what has happened earlier in the sequential process.

Evaluating decision alternatives simultaneously, rather than sequentially, reduces bias.

Thus, decision alternatives can be generated by adjusting decision variable values within their solution intervals.

A number of decision alternatives were generated based on the ICCMILP solutions as well as the projected applicable conditions.

In this research SWARA produces criteria weights and COPRAS will rank decision alternatives.

A variety of decision alternatives can also be generated under different scenarios of water management policies.