Answer all the questions in the following problem. The questions are based on the payoff table below. ASSIGNMENT 2 From the information in the above payoff table, determine the best alternative using: a) Maximin criterion b) Maximax criterion c) Laplace's criterion. d) Minimax regret. -) Expected monetary value method, given that the probability that there will be low demand is 0.4 , and that there will be high demand is 0.2. Calculate the EMV