Check my work Problem 5S-1 (Static) A small building contractor has recently experienced two successive years in which work opportunities exceeded the firm's copacity The contractor must now make a decision on capacity for next year. Estimated profits under each of the two possible states of nature are as shown in the toble below. NEXT YEAR'S DEMAND Alternative Low High Do nothing $50 $60 Expand 20 Subcontract 40 70 80 Profit in $ thousands Click here for the Excel Dato File Which alternative should be selected if the decision criterion is (Enter your answers in thousands.). Payoff Allornative Criterion | | | Maximin b. C Laplace Minimax regret