Answer Happy

Alternatives Build new plant Subcontract Overtime Do Nothing Very Favorable Market $250,000 $270,000 $100,000 SO Average Market $180,000 S185,000 $50,000 SO Unfavorable Market $200,000 - $220.000 - $12,000 $0 a) Using the decision making under uncertainty with the criterion of Maximax The appropriate decision will be The value of the return under this decision is $ b) Using the decision making under uncertainty with the criterion of Maximin The appropriate decision will be The value of the return under this decision is $ c) Using the decision making under uncertainty with the criterion of Equally Likely The appropriate decision will be The value of the return under this decision is $ (enter your answer as a whole number).