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6. (10 points) The best selection of plant size depends on how the marketplace reacts to the new product line. To conduct an analysis, marketing

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6. (10 points) The best selection of plant size depends on how the marketplace reacts to the new product line. To conduct an analysis, marketing management has decided to view the possible long-run demand as low, medium or high. The following payoff table shows the projected profit in millions of dollars: Long-Run Demand Low Medium High 200 Plant Small, di 150 200 Size 200 500 Large, d2 50 Recommend a decision based on the use of the optimistic, conservative and minimax regret approaches

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