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

$53$

$47$

$41$

Medium Facility

$47$

$51$

$46$

Large Facility

$-15$

$36$

$51$

$$

Alternatives

Worst Regrets

Small Facility

$?$

Medium Facility

$?$

Large Facility

$?$

a$)$ The worst regrets for alternative Small Facility isQuestion Blank $1$ of $4$b$)$ The worst regrets for alternative Medium Facility isQuestion Blank $2$ of $4$c$)$ The worst regrets for alternative Large Facility isQuestion Blank $3$ of $4$d$)$ The best course of action or decision by using Minimax Regret is to selectQuestion Blank $4$ of $4$facility

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

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

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