Question: A manager is trying to decide whether to build a compact, hybrid or hi - tech facility. Demand can be high, average, or low, with

A manager is trying to decide whether to build a compact, hybrid or hi-tech facility. Demand can be
high, average, or low, with the estimated probabilities being 0.2,0.45, and 0.35, respectively. The
following payoff table has been created to help with the decision:
Which alternative is the best, according to each of the following decision criteria?
a. Maximin
b. Maximax
c. Laplace
d. Minimax regret
e. Expected value
 A manager is trying to decide whether to build a compact,

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