Using the below table, Fill in the regret tableSuccess Moderate Success FailureSell CompanyForm Joint VentureSell Software on own 822.00Regret TableSell CompanyForm Joint VentureSell Software on own150500150585.00400150114.00-500Success Moderate Success FailureBased on the MiniMax Regret Method, what is the value for the Decision Alternative Sell software onownSubmitAnswer format: Number: Round to: 0 decimal places

SuccessModerate successFailureSell company150150150Form joint venture500585114Sell software on own…

Answered: Based on the MiniMax Regret Method,…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Based on the MiniMax Regret Method, what is the value for the Decision Alternative Sell software on own Submit Answer format: Number: Round to: 0 decimal places