Question: Calculate the plain average for each alternative. Put your calculations and results in the table below. Size of 1 st Station Good Market Fair Market

Calculate the plain average for each alternative. Put your calculations and results in the table below.

Size of 1st Station

Good Market

Fair Market

Poor Market

Plain Averages

Small

$50,000

$20,000

  • $10,000

Medium

$80,000

$30,000

  • $20,000

Large

$100,000

$30,000

  • $40,000

Very large

$300,000

$25,000

  • $160,000

The maximum of the plain averages is ___________, therefore the decision is alternative ____________.

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