2 Question 3 10 pts Problem 982909: Do not include anything other than numbers in your responses. For example, do not include comma or dollar sign in your numbers. As a rule of thumb, keep 2 decimal places for larger numbers and 3 decimal places for smaller numbers less than 1. A small parts manufacturer has just engineered a new product for the automotive industry. In order to produce the part the company can expand existing facilities, acquire a competitor, or subcontract production. The company believes the product will either experience high market demand or low market demand. The company believes the product will either experience high market demand or low market demand, with probabilities of 0.5 and 0.5, respectively. The following payoff table describes the company's decision situation (all numbers are in thousands). Note that some numbers are negative. High Demand Low Demand Expand 1700 -1100 Acquire 800 -450 Subcontract 350 30 Create the regret table below. Regret Table: High Demand Low Demand Maximum regret (for minimax regret approach) Expand Acquire Subcontract What is the best decision based on minimax regret approach?