Use the following table to answer a$-$d$.$ The payoffs are Total Costs. $($Don$$t use Excel; calculate manually$)$

Decision$\backslash$ State of Nature State$-$of$-$Nature $1$ State$-$of$-$Nature $2$ State$-$of$-$Nature $3$ State$-$of$-$Nature $4$

Alternative $1,($A$1)10352515$

Alternative $2,($A$2)10154510$

Alternative $2,($A$3)1506535$

Alternative $2,($A$4)30301030$

Using different criteria identify, what is the best alternative and associated payoff?

a$.(0\mathrm{.}5$ pts$)$ Optimistic criterion $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ Decision:$\_\_\_\_\_\_\_\_$

b$.(0\mathrm{.}5$ pts$)$ Pessimistic criterion $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ Decision:$\_\_\_\_\_\_\_\_$