Question: QUESTION 8 Table Q8.1 indicates the possible profits associated with different decision alternatives. Choose the best alternative based on Hurwicz Criterion (if the a=0.5). In

QUESTION 8 Table Q8.1 indicates the possible

QUESTION 8 Table Q8.1 indicates the possible profits associated with different decision alternatives. Choose the best alternative based on Hurwicz Criterion (if the a=0.5). In the box provided enter the number you have calculated for choosing the best alternative. Table Q8.1: Data regarding different possible alternatives Proft Ranges Decision Alternatives Low Medium High Demand Demand Demand Subcontracting 10 50 50 Overtime -15 60 125 New Facilities -150 20 200

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