Question: 12 points Given is a decision payoff table and a Sub Decision Payoff Table. Use Minimax Regret as an evaluation criterion to evaluate alternatives High

12 points Given is a decision payoff table and a
12 points Given is a decision payoff table and a Sub Decision Payoff Table. Use Minimax Regret as an evaluation criterion to evaluate alternatives High Alternatives Small Facility Medium Facility Large Facility Low 51 50 -20 Future Demand Moderate 80 60 131 139 Alternatives Worst Regrets 2 Small Facility Medium Facility Large Facility a) The worst regrets for alternative Small Facility is 51 b) The worst regrets for alternative Medium Facility is 71 c) The worst regrets for alternative Large Facility is 71 d) The best course of action or decision by using Minimax Regret is to select Small T facility

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