lternatives

Low

Moderate

High

Small Facility

$7$

$8$

$7$

Medium Facility

$6$

$12$

$12$

Large Facility

$-4$

$7$

$18$

a$)$ The best decision under uncertainty using MAXIMAX is to select Question Blank $1$ of $5$ facility

b$)$ The best decision under uncertainty using MAXIMIN is to select Question Blank $2$ of $5$ facility

c$)$ The best decision under uncertainty using LAPLACE$/$EQUALITY LIKELY is to select Question Blank $3$ of $5$ facility

d$)$ If the probabilities for Future Demand when it is Low $=0\mathrm{.}35,$ Moderate $=0\mathrm{.}30,$ and High $=0\mathrm{.}35,$ the expected monetary value $($EMV$)$ for the large facility $=$ Question Blank $4$ of $5.$

e$)$ If the probabilities for Future Demand when it is Low $=0\mathrm{.}35,$ Moderate $=0\mathrm{.}30,$ and High $=0\mathrm{.}35,$ the best decision under risk is to select Question Blank $5$ of $5$ facility.