Decision Payoff Table

Alternatives Low Med High

Small 52 42 43

Medium 50 49 49

Large -15 38 51

A. The best payoff for a small facility is _________________?

B. The worst payoff for a medium facility is ________________?

C. The average payoff for a large facility is _________________? (in two decimal places)

D. The worst regrets for a small facility __________________?

E. The worst regrets for a medium facility ________________?

F. The best decision by using Optimistic is to select the _________________ facility

G. The best decision by using Conservative is to select the _______________ Facility

H. The best decision by using Laplace/Equality Likely is to select the _____________Facility

I. The best decision by using the Minimax Regret is likely to select the __________________Facility