Question: Question 19 Answer the following two questions using the information below: McDonald's is about to open a new store, Three locations are under consideration, with

Question 19 Answer the following two questions using the information below: McDonald's is about to open a new store, Three locations are under consideration, with Demand possible outcomes (depending on demand) Location Low Medium High as shown in the table to the right. Assume Large 40 90 200 that the probabilities of demand states are Medium 70 120 140 not known (i.e., uncertainty). Small 100 110 130 Using the Maximin criterion, which location size(s) will be best? A Small Using the minimax regret criterion, which location size(s) will be best? B. Medium C. Large D. Small or Medium E Small or Large F. Medium or Large Moving to another question will save this response, MacBook Pro

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