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

Given is a decision payoff table and a Sub
Given is a decision payoff table and a Sub
Given is a decision payoff table and a Sub Decision Payoff Table. Use Minimax Regret as an evaluation criterion to evaluate alternatives. LOW High Alternatives Small Facility 117 Medium Facility 12 Large Facility 15 Future Demand Moderate 12 22 17 13 21 15 Alternatives Worst Regrets Small Facility 2 Medium ? Facility Large Facility? a) The worst regrets for alternative Small Facility is b) The worst regrets for alternative Medium Facility is c) The worst regrets for alternative Large 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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