which is correct option?

9. (8 points) The best selection of plant size depends on how the market place reacts to the new product line. To conduct an analysis, marketing management has decided to view the possible long-run demand as low, medium or high. The following payoff table shows the projected profit in millions of dollars: Long-Run Demand Low Medium High Small, di 150 200 200 Plant Size Large de 50 200 500 Recommend a decision based on the use of the optimistic, conservative and minimax regret approaches (a) Large plant size for optimistic approach. Small plant size for conservative and minimax regret approach. (b) Large plant size for optimistic and minimax regret approach. Small plant size for conservative approach. (c) Small plant size for optimistic approach. Large plant size for conservative and minimax regret approach. (d) Small plant size for optimistic and minimax regret approach. Large plant size for conservative approach