Women’s Sports Specialty sells a variety of fitness apparel for women and needs to place an order of Speedo swimsuits for the upcoming summer season. The order volumes being considered are large and small, and the demand levels for the swim season for this particular brand can be strong, moderate, or weak. The following decision table shows the payoffs for all combinations of order sizes and demand levels.

Demand Alternative Strong Moderate Weak Large order $10,000 $2,000 - $8,000 Small order $6,000 $1,000 - $2,000 Choose the best order size of Speedo swimsuits using the following criterion:

a. Maximax

b. Maximin

c. Equally likely

d. Minimax regret

e. Hurwicz using a = 0.2.AppendixLO1