Question: Decision Increasing Demand (0.4) Stable Demand (0.5) Decreasing Demand (0.1) Large Investment $990,000 $400,000 -$600,000 Medium Investment $750,000 $300,000 -$200,000 Small Investment $250,000 $125,000 $99,000

Decision

Increasing Demand (0.4)

Stable Demand (0.5)

Decreasing Demand

(0.1)

Large Investment

$990,000

$400,000

-$600,000

Medium Investment

$750,000

$300,000

-$200,000

Small Investment

$250,000

$125,000

$99,000

What is the maximax?

The best decision for Fairco using the Hurwicz criterion with a coefficient of optimism equal to 0.65 would be to (which alternative decision and what value is it):

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