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 28 17 15 Medium Facility 24 35 28 Large Facility 10 35 42 Alternatives Worst Regrets Small Facility 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 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	28	17	15
Medium Facility	24	35	28
Large Facility	-10	35	42

Alternatives	Worst Regrets
Small Facility	?
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 __________________ d) The best course of action or decision by using Minimax Regret is to select ____________ facility

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