Question: Given is a decision payoff table. High Alternatives | Low Small Facility 26 Medium Facility| 18 Large Facility -7 Future Demand Moderate 21 31 30

Given is a decision payoff table. High

Given is a decision payoff table. High Alternatives | Low Small Facility 26 Medium Facility| 18 Large Facility -7 Future Demand Moderate 21 31 30 18 22 a) The best decision under uncertainty using MAXIMAX is to select facility b) The best decision under uncertainty using MAXIMIN is to select facility c) The best decision under uncertainty using LAPLACE/EQUALITY LIKELY is to select facility d) If the probabilities for Future Demand when it is Low= 1,35. Moderate = 1.30. and High = 1.35. the

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