dwards Machine Tools needs to purchase a new machine. The basic model is slower but costs less, whereas the advanced model is faster but costs more. rofitability will depend on future demand. The following table presents an estimate of profits over the next three years. Fill in the table below for maximum and minimum profit payolfs under each model. Round your answers to the nearest doliar. Calculate the amounts foregone by not adopting the optimal course of action for each possible demand level. Determine the maximum opportunity cost for each model, Fill in the table below. If your answer is zero, enter * . Round your-answers to the nearest dollar. Given the uncertainty asseciated with the demand volume, and ne other information to work with, what decision would you make? The aggressive strategy (maximax) is to chocse the The conservative strategy (maximin) is to choose the The opporturity loss strategy is to choose the