What Is Sub Optimal Decision?

What Is Sub Optimal Decision? A subset of suboptimal decision making can be characterized as making a decision to choose a low-probability but high-payoff alternative (e.g., playing slot machines or buying lottery tickets) over a high-probability, low-payoff alternative (not gambling), such that the net expected return is less than what one has … What is

What Is Sub Optimal Capacity?

What Is Sub Optimal Capacity? SUBQ = the extent of suboptimal capacity, defined as the percentage of industry shipments coming from sub-MES plants, 1968. … measured by expressing sales in 1968 as a percentage of sales in 1963. What is sub optimal level? Suboptimal means below the optimal (best possible) level or standard. The words