squaredlid ne must make a decision on its current capacity for next year. Estimated profits (in $000s) based on next year's demand are shown in the table below. Alternative Low High Expand $100 $200 Subcontract $50 $120 Do Nothing $40 $50 Hint: Youmayneedtowatchall4videosoftheweekbeforeansweringthisquestion Refer to the information above. 3-a. Which alternative should be chosen based on the maximax criterion? 3-b. Which alternative should be chosen based on the maximin criterion? 3-c. Which alternative should be chosen based on the Lapalee criterion? 3-d. Which alternative should be chosen based on criterion of realism with alpha = 0.7? 3-e. Which alternative should be chosen based on the minimax regret criterion? Assume that ABC Inc . has hired a marketing research firm that provided additional information regarding next year's demand . Suppose that the probabilities of low and high demand are asiezed as follows: P(Low ) = 0.4 and P(High) = 0.6. 3-f. Which alternative should be chosen using the expected monetary value (EM V ) criterion? 3-g. What is the expected value under perfect information (EVPI )? Refer to the information above. Assume that ABC Inc. has hired a marketing research firm that provided additional information regarding next year's demand . Suppose that the probabilities of low and high demand are a saeased as follows: P(Low ) = 0.4 and P(High) = 0.6. Develop a decision tree for this problem and analyze the following questions 3-h. Using the expected opportunity loss (EOL ) criterion , which alternative should be chosen