Question: Question 20 (5 points) CanaSystems is considering a project to build upscale condominiums. They are considering plans on a small, medium, or large development and

Question 20 (5 points) CanaSystems is consideringQuestion 20 (5 points) CanaSystems is consideringQuestion 20 (5 points) CanaSystems is considering
Question 20 (5 points) CanaSystems is considering a project to build upscale condominiums. They are considering plans on a small, medium, or large development and balancing possible future demand as low, moderate and high. Profits have been estimated and are summarized in a payoff table. Act State of Nature ($millions) Low Moderate High Demand Demand Demand Small 8 6 13 Medium 4 8 12 Large -3 12 17 Which table describes the opportunity loss for this situation? O Act Opportunity Loss ($millions) Low Moderate High Demand Demand Demand Small 0 2 4 Medium 1 2 9 Large 3 4 0 M Act Opportunity Loss ($millions) Low Moderate High Demand Demand Demand Small 0 6 4 Medium 4 4 5 Large 11 0 0 Large Act Small Medium Large Act Small Medium Large 11 0 0 Opportunity Loss ($millions) Low Moderate High Demand Demand Demand 11 0 0 0 2 2 4 Opportunity Loss ($millions) Low Moderate High Demand Demand Demand 3 0 0 1 0 2 0 2 4

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