Consider the following payoff table:

Demand Level Alternative 1 2 3 A $500 $800 $1,200 B $200 $900 $1,700 C - $600 $700 $2,300 Choose the best alternative using the following criterion:

a. Maximax

b. Maximin

c. Equally likely

d. Minimax regret

e. Hurwicz using a = 0.6 AppendixLO1