Given the following conditional value table, determine the appropriate decision under uncertainty using: a$.$Maximax b$.$Maximin c$.$Equally Likely $$The Maximax choice is to build new plant. This is the maximum of the maximum number within each row or alternative. $$The Maximum choice is to do nothing. This is the maximum of the minimum number within each row or alternative. $$The Equally likely choice is to subcontract. This is the maximum of the average outcome of each alternative.STATES OF NATURE AlternativesVery FavorableMarketAverage Market Unfavorable Market Build new plant$$350,000$$$240,000-$$$300,000$ Subcontract$$180,000$$$90,000-$$$20,000$ Overtime$$110,00$$$60,000-$$$10,000$ Do nothing$$0$$$0$$$0$ STATES OF NATURE AlternativesVery Favorable Market AverageMarketUnfavorableMarketMaximumin RowMinimumin RowRow Average Build new plant $$350,000$$$240,000-$$$300,000$$$350,000-$$$300,000$$$25,000$ Subcontract$$180,000$$$90,000-$$$20,000$$$180,000-$$$20,000$$$80,000$ Overtime$$110,000$$$60,000-$$$10,000$$$110,000-$$$10,000$$$50,000$ Do nothing$$0$