7. Prince is a Banana Products Businessman, He plans to expand his Banana Products operation to other municipalities and is confronted with the problem of whether to construct a Large or Small Banana Plantation. In a favorable market, Prince thinks that the conditional profit of a Large Banana Plantation is 800,000. If the market is unfavorable, the venture will sustain a loss of 350,000. However, if Prince decides to construct a Small Banana Plantation, he expects a conditional profit of 320,000 if the market is favorable and sustain a net loss of P180,000 if the market is not favorable. Prince will not have any conditional profit or loss if he does neither. The coefficient of realism is equal to 0.80. REQUIRED: Make a decision under the EQUALLY OR LIKELY Criteria, and Determine How much will be the Value Profit or Loss. 6. Prince is a Banana Products Businessman, He plans to expand his Banana Products operation to other municipalities and is confronted with the problem of whether to construct a Large or Small Banana Plantation. In a favorable market, Prince thinks that the conditional profit of a Large Banana Plantation is 800,000. If the market is unfavorable, the venture will sustain a loss of 350,000. However, if Prince decides to construct a Small Banana Plantation, he expects a conditional profit of 320,000 if the market is favorable and sustain a net loss of P180,000 if the market is not favorable. Prince will not have any conditional profit or loss if he does neither. The coefficient of realism is equal to 0.80. REQUIRED: Make a decision under the MAXIMIN Criteria, and Determine How much will be the Value Profit or Loss. 8. Prince is a Banana Products Businessman, He plans to expand his Banana Products operation to other municipalities and is confronted with the problem of whether to construct a Large or Small Banana Plantation. In a favorable market, Prince thinks that the conditional profit of a Large Banana Plantation is 800,000. If the market is unfavorable, the venture will sustain a loss of 350,000. However, if Prince decides to construct a Small Banana Plantation, he expects a conditional profit of 320,000 if the market is favorable and sustain a net loss of P180,000 if the market is not favorable. Prince will not have any conditional profit or loss if he does neither. The coefficient of realism is equal to 0.80. REQUIRED: Make a decision under the CRITERION OF REALISM Criteria, and Determine How much will be the Value Profit or Loss. 5. Prince is a Banana Products Businessman, He plans to expand his Banana Products operation to other municipalities and is confronted with the problem of whether to construct a Large or Small Banana Plantation. In a favorable market, Prince thinks that the conditional profit of a Large Banana Plantation is 800,000. If the market is unfavorable, the venture will sustain a loss of 350,000. However, if Prince decides to construct a Small Banana Plantation, he expects a conditional profit of 320,000 if the market is favorable and sustain a net loss of P180,000 if the market is not favorable. Prince will not have any conditional profit or loss if he does neither. The coefficient of realism is equal to 0.80. REQUIRED: Make a decision under the MAXIMAX Criteria, and Determine How much will be the Value Profit or Loss. 9. Prince is a Banana Products Businessman, He plans to expand his Banana Products operation to other municipalities and is confronted with the problem of whether to construct a Large or Small Banana Plantation. In a favorable market, Prince thinks that the conditional profit of a Large Banana Plantation is 800,000. If the market is unfavorable, the venture will sustain a loss of 350,000. However, if Prince decides to construct a Small Banana Plantation, he expects a conditional profit of 320,000 if the market is favorable and sustain a net loss of P180,000 if the market is not favorable. Prince will not have any conditional profit or loss if he does neither. The coefficient of realism is equal to 0.80. REQUIRED: Make a decision under the MINIMAX Criteria, and Determine How much will be the Value Profit or Loss