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options are small or medium or large or very large

Small Medium Even though independent gasoline stations have been having a difficult time, lan Langella has been thinking about starting his own independent gasoline station, lan's problem is to decide how farge his station should be. The annual returns will depend on both the size of his station and a number of marketing factors related to the oil industry and demand for gasoline. After a careful analysis, lan developed the following table: States of Nature Size of First Station Good Market Fair Market Poor Market $40,000 $18,000 - $8,000 $90,000 $27,000 - $22,000 Large $105,000 $27,500 - $36,000 Very Large $320,000 $26.000 $180,000 For example, I tan constructs a small station and the market is good, he will realize a profit of $40,000 This exerciso contains only parts b, c, and d. b) Using the decision making under uncertainty with the criterion of Maximax The appropriate decision will be The value of the rotum under this decision is $ c) Using the decision making under uncertainty with the criterion of Maximin The appropriate decision will be The value of the return under this decision is $|| a) Veing the decision making under uncertainty with the criterion of Equally Likoy The appropriate decis decision will be The value of the return under this decision is 6 (enter your answer as a whole number)