On a separate note, we have been working on four different marketing plans for a product that we are going to be launching soon. Based on our initial analyses, there are different payoffs we should expect for each marketing plan, however since this is a new product, we are not certain about the level of demand we will have. The prior analyses I've run are based on two scenarios: High Demand and Low Demand, with probabilities of 0.4 and 0.6, respectively. Please see the payoff table I have put together below, and please conduct analysis using the four main decision rules based on Decision Theory: Maximin, Maximax, Laplace, and Minimax Regret. Please also provide a recommendation of which Marketing Plan we should select and provide a justification of your rationale.

\begin{tabular}{|l|l|l|} \hline & \multicolumn{2}{|c|}{} \\ \hline Mayoff (Dollars) \\ \hline A & High Demand & Low Demand \\ \hline B & 80,000 & \\ \hline C & 92,500 & 22,450 \\ \hline D & 160,000 & 12,000 \\ \hline \end{tabular}