Question: 9. (10 points) A manager's staff has compiled the information below which pertains to four capacity alternatives under four states of nature. Values in the

9. (10 points) A manager's staff has compiled the

9. (10 points) A manager's staff has compiled the information below which pertains to four capacity alternatives under four states of nature. Values in the matrix are present value in thousands of dollars. (a) Assuming a Minimax Regret strategy, which alternative would be chosen? (b) If Maximin were used, which alternative would be chosen

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