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The purpose of the decision made is not only to make as much profit as possible, but also to avid as much risk as possible.
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∙ 11y ago
TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) method is advantageous because it considers both the distance of each alternative from the ideal solution and its similarity to the worst solution. This allows for a comprehensive evaluation of alternatives based on multiple criteria. Additionally, TOPSIS is easy to understand and implement, making it a practical decision-making tool.
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What are the advantages of Telling method as a teaching method?
The Telling method, also known as the lecture method, allows instructors to share a large amount of information with students in a structured manner. It is useful for delivering content quickly to a large group of learners. Additionally, it can provide clarity and coherence to complex topics.
What are the advantages and disadvantages of the role play method of teaching?
Some advantages of the role play method of teaching include:Good means of communicatingWay of practicing vocabulary skillsHelps to build confidenceCan encourage teamwork and group interactionSupportive environmentSome disadvantages of the role play method of teaching include:EmbarrassmentShynessDiscomfortDoesn't suit all individualsCan damage confidence
Advantages of rast method?
The RAST method, or radioallergosorbent test, is advantageous because it is a blood test used to detect specific allergens that may be causing allergic reactions. It is less invasive than skin prick testing and is helpful when a patient cannot discontinue antihistamines prior to testing. RAST can also provide quantitative results, indicating the level of specific IgE antibodies present in the blood.
What are the advantages of the direct arc melting method?
The direct arc melting method offers high purity of materials, allows for precise control of the composition, and enables the production of custom alloys. Additionally, it has the capability of melting a wide range of materials, including refractory metals and reactive elements.
What are the advantages of the weighted average method?
The weighted average method is advantageous because it smoothens out fluctuations in inventory costs by incorporating both old and new cost data. It is simple to calculate and less subject to distortions from extreme price changes. This method is also compliant with generally accepted accounting principles (GAAP).
What is topsis method?
Technique for Ordered Preference by Similarity to ideal solution
What are the advantages and disadvantages of deductive method?
the advantages of deductive method
What are the advantages of organization and method team?
advantages of organisation and method team
What are the Advantages of poaching method?
whats the advantages?
What are the advantages of debate method?
no
What are the advantages and disadvantages of Delphi method in forecasting demand for a product?
advantages and disadvantages of delphi method of group technique
What is advantages and disadvantages of distillation method?
The distillation method's advantages are that it will make a pure result. The disadvantages are that the method is time consuming and is not cheap. The distilled method as a result is avoided unless needed.
The advantages of using the scientific method When studing environmental issues?
The advantages of using the scientific method when studing environmental issue?
What are the advantages of standard method of measurement?
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What are the advantages of gauss elimination method?
There are no answer for that..
What are the advantages of the high low method?
what are the usefulness of high low method
Advantages and disadvantage of project method?
Advantage and disadvantage of project method
