A manager has compiled estimated costs for various capacity alternatives but is reluctant to assign probabilities to the states of nature. Assuming the values in the payoff table are estimated costs and the goal is to minimize expected costs STATE OF NATURE 2 #2 $ 39 140 100 114 73 165 A C Alternative Costin thousands a. Is there any alternative that would never be appropriate in terms of minimizing expected cost? Alternative A O Alternative B Alternative O None b. For what range of P (2) would alternative A be the best choice if the goal is to minimize expected cost? Choose Alternative A for P(#2) c. For what range of P(1) would alternative A be the best choice if the goal is to minimize expected cost? Choose Alternative A for P(+1)