Select the best alternative in the given decision table using: Maximax Strategy  Maximin Strategy Maximax Regret Laplace Hurwicz with alpha 0.4

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Select the best alternative in the given decision table using:

  1. Maximax Strategy 
  2. Maximin Strategy
  3. Maximax Regret
  4. Laplace
  5. Hurwicz with alpha 0.4
Possible Future Demand
Facility Size
LOW
MODERATE
HIGH
Small
Php 500
Php 600
Php 700
Medium
Php 700
Php 1200
Php 1100
Large
Php -400
Php 200
Php 1600
Transcribed Image Text:Possible Future Demand Facility Size LOW MODERATE HIGH Small Php 500 Php 600 Php 700 Medium Php 700 Php 1200 Php 1100 Large Php -400 Php 200 Php 1600
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