Given is a decision payoff table and a Sub Decision Payoff Table Use Minimax Regret as an evaluation criterion to evaluate alternatives Future Demand Alternatives Low Moderate High Small Facility 111 81 91 Medium Facility 51 130 102 Large Facility 12 124 126 Alternatives Worst Regrets Small Facility Medium Facility Large Facility a) The worst regrets for alternative Small Facility is The worst regrets for alternative Medium Facility is c) The worst regrets for alternative Large Facility is d) The best course of action or decision by using Minimax Regret is to select facility

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Question: Given is a decision payoff table and a Sub Decision Payoff Table. Use Minimax Regret as an evaluation criterion to evaluate alternatives. Future Demand Alternatives

Given is a decision payoff table and a Sub Decision Payoff Table. Use Minimax Regret as an evaluation criterion to evaluate alternatives.

		Future Demand
Alternatives	Low	Moderate	High
Small Facility	111	81	91
Medium Facility	51	130	102
Large Facility	-12	124	126

Alternatives	Worst Regrets
Small Facility	?
Medium Facility	?
Large Facility	?

a) The worst regrets for alternative Small Facility is

The worst regrets for alternative Medium Facility is c) The worst regrets for alternative Large Facility is d) The best course of action or decision by using Minimax Regret is to select facility

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