An auto repair franchise, Auto Select, has been quite successful thus far and is considering plans to expand to new locations $($and in so doing, gain some insight into how to make such decisions in the future$).$ The profitability of the expansion is hard to gauge because future market conditions $($competition$,$ state of the economy, etc.$)$ are difficult to forecast. Based on their experience, Auto Select has provided an estimate of profit for an a favorable market, an average market, and a unfavorable market for three different expansion options $($see below$).$ Even with these estimates, though, Auto Select is unsure if they should expand and how many new locations to open up$.$ Your firm has developed forecasts for the probabilities associated with market conditions: $20\%$ of an unfavorable market, $50\%$ change of an average market, and a $30\%$ chance of a favorable market. Auto Select would like to explore three different decision criteria: the Optimistic criterion, the Expected Monetary Value criterion, and the Minimax Regret criterion $($or Expected Opportunity Loss$).$ Provide guidance to the client based on these criteria.