Question: WOJCI Given the following conditional value table Alternatives Build new plant Subcontract Overtime Do Nothing Very Favorable Market S'MOO 000 $160.000 $120,000 Stades of Nature

WOJCI Given the following conditional value table
WOJCI Given the following conditional value table
WOJCI Given the following conditional value table Alternatives Build new plant Subcontract Overtime Do Nothing Very Favorable Market S'MOO 000 $160.000 $120,000 Stades of Nature Average Market $210 000 $100 000 $70,000 Unfavorable Market $200.000 - $15000 - $8,000 So a) Using the decision making under uncertainty with the criterion of Maxima The appropriate decision will be Subcontract The value of the return under this decision is $ 270,000 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 so c) Using the decision making under uncertainty with the criterion of Equaly Likely The appropriate decision will be Subcontract The value of the return under this decision is enter your answer as a whole number Enter your answer in the answer box and then click Check

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