Given the following conditional value table: Alternatives Build new plant Subcontract Overtime Do Nothing a) Using the decision making under uncertainty with the criterion of Maximax The appropriate decision will be The value of the Maximax criterion under this decision is $. b) Using the decision making under uncertainty with the criterion of Maximin The appropriate decision will be Very Favorable Market $350,000 $180,000 $110,000 $0 States of Nature Average Market $240,000 $90,000 $60,000 $0 The value of Maximin criterion under this decision is $ c) Using the decision making under uncertainty with the criterion of Equally Likely The appropriate decision will be The value of the Equally Likely criterion under this decision is $ (enter your answer as a whole number). Unfavorable Market - $300,000 - $20,000 - $10,000 $0 0

Given the following conditional value table: a) Using the decision making under uncertainty with the criterion of Maximax The appropriate decision will be The value of the Maximax criteric b) Using the decision making under c Subcontract Build new plant of Maximin The appropriate decision will be Do Nothing The value of Maximin criterion ur c) Using the decision making under u of Equally Likely The appropriate decision will be The value of the Equally Likely criterion under this decision is $ (enter your answer as a n