Question: low moderate high Small facility 10 10 10 Medium 7 12 12 Large -4 2 16 when it is known for certain which of the
low moderate high
Small facility 10 10 10
Medium 7 12 12
Large -4 2 16
when it is known for certain which of the possible future conditions will actually happen, the decision is usually relatively straightforward. choose the alternative that has the best payoff under that state of nature.
determine the best alternative in the payoff table for each of the cases. it is known with certainty that demand will be:
a - low
b - moderate
c - high
** EXCELL
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