6 &7 please show work

State of Nature High (0.2) Moderate (0.5) Low (0.3) $80,000 60,000 70,000 $60,000 40,000 50,000 (-$10,000) 30,000 20,000 Small facility Alternative Medium faity Large facility 03. The choice for the MINIMAX criterion would be (2pts): a. Small b. Mediumc. Large b. Mediunm b. Mediumc. Large d. High d. High d. High e. $80,000 -04. The choice for the MAXIM IN criterion would be: a. Small c. Large e. Low -05. If P (High-02; Moderate-05; Low:03), the choice for the maximum expected value (EMV) criterion would be: a. Small e. Moderate 06. The value of EPPI (or EVwPI) would be: a. $29,000 b. $37,000 c. $50,000 d. $55,000 e. None of the above 07. The value of EVPI would be: a. $ 13,000 b. $10,000 c. $14,000 d. $12,000 e. None of the above