SUMMER II 2020-ONLINE-PRODUCTION & OPERATIONS MGMT Homework: Module 2B (Module A) Homework Score: 5 of 10 pts 1 of 12 (12 complete) HW SO Problem A.1 Given the following conditional value table Alternatives Build new plant Subcontract Overtime na Nathina Very Favorable Market $300,000 $160,000 $120,000 en States of Nature Average Market $210,000 $100,000 $70,000 Unfavorable Market -$280,000 - $15,000 - $8,000 an Enter your answer in the answer box and then click Check Answer ts SUMMER II 2020-ONLINE-PRODUCTION & OPERATIONS MGMT Homework: Module 2B (Module A) Homework Score: 5 of 10 pts 1 of 12 (12 complete) w Problem A. 1 a) Using the decision making under uncertainty with the criterion of Maximax hline The appropriate decision will be Build new plant The value of the return under this decision is $ 300,000 b) Using the decision making under uncertainty with the criterion of Maximin The appropriate decision will be Do Nothing Enter your answer in the answer box and then click Check Answer. parts Clear All SUMMER II 2020-ONLINE-PRODUCTION & OPERATIONS MGMT Homework: Module 2B (Module A) Homewor Score: 5 of 10 pts 1 of 12 (12 complete) Problem A.1 The appropriate decision will be Build new plant The value of the return under this decision $ 300,000 b) Using the decision making under uncertainty with the criterion of Maximin The appropriate decision will be Do Nothing The value of the return under this decision is Enter your answer in the answer box and then click Check Answer parts Clear All