Question: John & John ltd specializes in manufacturing modern electronic components. It also builds equipment that produces the components. The marketing and production directors advised the

John & John ltd specializes in manufacturing modern electronic components. It also builds equipment that produces the components. The marketing and production directors advised the president about a proposed manufacturing facility in the form of a payoff table:

What decision should be made using the LaPlace criterion

.

What decision should be made using the Maximin criterion?

.

What decision should be made using the Maximax criterion?

John & John ltd specializes in manufacturing modern electronic components. It

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