1- A local real estate investor in Modesto is considering three alternative investments: a motel, a restaurant, or a theater. Profits from each investment will be affected by the availability of gasoline. There is 30% chance of gasoline shortage, 15% chance of a stable supply, and 55% chance of a surplus. The following payoff table shows the profit or loss that could result from each investment given each supply condition.

Determine the best investment using the following decision criteria. a- Maximax b- Maximin c- Minimax regret d- Equal likelihood e- Hurwicz (=0.4) f- Compute the expected value for each decision and select the best one. g- Compute the expected opportunity loss for each investment and select the best decision. h- Determine the expected value of perfect information