Given the following conditional value table, determine the appropriate decision under uncertainty using maximax, maximin, equally likely methods.

	States of Nature
Alternatives	Very Favorable Market	Average Market	Unfavorable Market
Large plant	$275,000	$100,000	$150,000
Small plant	$200,000	$60,000	$10,000
Overtime	$100,000	$40,000	$1,000
Do nothing	$0	$0	$0

a) Using the maximax method, the appropriate decision is

overtime, the large plant, to do nothing or the small plant

, with a value of return of

$ enter your response here

(enter your response as a whole number).

b) Using the maximin method, the appropriate decision is

overtime, the large plant, to do nothing or the small plant

, with a value of return of

$enter your response here

(enter your response as a whole number).

c) Using the equally likely method, the appropriate decision is

overtime, the large plant, to do nothing or the small plant

, with a value of return of

$ enter your response here

(enter your response as a whole number).