Question 3 (3 points) A plant manager is considering buying additional stamping machines to accommodate increasing demand. The alternatives are to buy 1 machine, 2 machines, or 3 machines. The profits realized under each alternative are a function of whether their bid for a recent defense contract is accepted or not. The payoff table below illustrates the profits realized (in $000's) based on the different scenarios faced by the manager. Bid Rejected $5 Alternative Buy 1 machine Buy 2 machines Buy 3 machines Bid Accepted $10 $30 $40 $4 $2 Using the information above, which alternative should be chosen based on the criterion of realism with alpha = 0.8? Buy 1 machine Buy 2 machines Buy 3 machines