Question: Today's Electronics specializes in manufacturing modern electronic components. It also builds the equipment that produces the components. Phyllis Weinberger, who is responsible for advising the

Today's Electronics specializes in manufacturing modern electronic components. It also builds the equipment that produces the components. Phyllis Weinberger, who is responsible for advising the president of Today's Electronics on electronic manufacturing equipment, has developed the following table concerning a proposed facility:

(a) Develop an opportunity loss table.
(b) What is the minimax regretdecision?

PROFIT (S) STRONG FAIR MARKET MARKET MARKET POOR Large facility 550,000 0,000 310,000 Medium-sized facility 300,000 129,000 100,000 Small facility 200,000 100,000 32,000 No facility

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