Question: Given the following conditional value table, determine the appropriate decision under uncertainty using maximax, maximin, equally likely methods Alternatives Large plant Small plant Overtime Do

Given the following conditional value table,
Given the following conditional value table,
Given the following conditional value table,
Given the following conditional value table, determine the appropriate decision under uncertainty using maximax, maximin, equally likely methods Alternatives Large plant Small plant Overtime Do nothing Very Favorable Market $275,000 $200,000 $100,000 50 States of Nature Average Market $100,000 $60.000 $40,000 $0 Unfavorable Market $150,000 - $10,000 $1,000 $0 a) Uting the maximax method, the appropriate decisions 5) Using the maximin method the appropriate decision is with a vote of return of senter your response as a whole number). with a value of return of enter your response as a whole number) with a value of return of conter your response as a whole number) c) Using the equally likely method, the appropriate decision is conditional value table, determine the a overtime uncertainty using maximax, maximin, equ the large plant arket UI Alternatives Large plant Small plant Overtime Do nothing the small plant States of Nature Average Market $100,000 $60,000 $40,000 $0 to do nothing maximax method, the appropriate decision is with a value of return of $ (enter your response a maximin method, the appropriate decision is with a value of return of $ (enter your response as Equally likely method, the appropriate decision is with a value of return of $ (enter your respons conditional value table, determine the a overtime uncertainty using maximax, maximin, equ the large plant arket UI Alternatives Large plant Small plant Overtime Do nothing the small plant States of Nature Average Market $100,000 $60,000 $40,000 $0 to do nothing maximax method, the appropriate decision is with a value of return of $ (enter your response a maximin method, the appropriate decision is with a value of return of $ (enter your response as Equally likely method, the appropriate decision is with a value of return of $ (enter your respons

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