Question: answer all questions options are overtime, subcontract, do nothing, or build new plant Unfavorable Market - $200,000 - $220,000 - $12,000 $0 Given the following

answer all questions
options are overtime, subcontract, do nothing, or build new plant
answer all questions options are overtime,
Unfavorable Market - $200,000 - $220,000 - $12,000 $0 Given the following conditional value table States of Nature Very Favorable Average Alternatives Market Market Build new plant $250,000 $180,000 Subcontract $270,000 $185.000 Overtime $100,000 $50,000 Do Nothing $0 $0 a) Using the decision making under uncertainty with the criterion of Maximax The appropriate decision will be The value of the retum under this decision is $ b) Using the decision making under uncertainty with the criterion of Mascimin The appropriate decision will be The value of the return under this decision is $ c) Using the decision making under uncertainty with the criterion of Equally Likely The appropriate decision will be The value of the return under this decision is $ (enter your answer as a whole number)

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