Given the following conditional value table, determine the appropriate decision under uncertainty using:

Maximax

Maximin

Equally likely $[$PX$]$

STATES OF NATUREALTERNATIVESVERY FAVORABLE MARKETAVERAGE MARKETUNFAVORABLE MARKETBuild new plant$$350,000$$$240,000$$$300,000$Subcontract$$180,000$$$90,000$$$20,000$Overtime$$110,000$$$60,000$$$10,000$Do nothing$$0$$$0$$$0$Given the following conditional value table, determine the appropriate decision under uncertainty using:

Maximax

Maximin

Equally likely $[$PX$]$

STATES OF NATUREALTERNATIVESVERY FAVORABLE MARKETAVERAGE MARKETUNFAVORABLE MARKETBuild new plant$$350,000$$$240,000$$$300,000$Subcontract$$180,000$$$90,000$$$20,000$Overtime$$110,000$$$60,000$$$10,000$Do nothing$$0$$$0$$$0$