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A construction company is considering three different suppliers for concrete mix. The company needs to choose one supplier to ensure they have a source of

A construction company is considering three different suppliers for concrete mix. The company needs to choose one supplier to ensure they have a source of concrete for an upcoming projectThe cost in dollars per cubic yard) and the expected quality level (on a scale of 1 to 10, with 10 being the best ) for each supplier are as follows: States of Nature Expected quality level Alternatives 7 $781580585 $752828777358184 Which alternative is most optimistic and why ? Which alternative is most pessimistic , and why ? Using the Hurwicz criterion with a coefficient of realism alpha \approx 0.7 which supplier

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