Question: ABC Inc. must make a decision on its current capacity for next year. Estimated profits (in $000s) based on next year's demand are shown in

ABC Inc. must make a decision on its current capacity for next year. Estimated profits (in $000s) based on next year's demand are shown in the table below. Next Year's Demand Alternative Low High Expand $100 $200 Subcontract $50 $120 Do nothing $40 $50 Using the information above, which alternative should be chosen based on the Laplace criterion? If "3. Do nothing If "3. Expand .f Subcontract
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