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ABC Company, a soft-drink vendor, has created a table of costs for four stocking decisions for two different states of nature: Alternatives States of Nature
ABC Company, a soft-drink vendor, has created a table of costs for four stocking decisions for two different states of nature: Alternatives States of Nature Low Demand High Demand Large Stock $2640 $4400 Medium Stock $1980 $3520 Small Stock $3300 $6160 For the minimin decision making criterion, the best decision is Click to select . For the minimax decision making criterion, the best decision is Click to select
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