Application of Decision-Making Criteria

Application of Decision-Making Criteria A company knows that it can present 3 possible states or situations for next year: 0 E1. The company has low sales 0 E2. The company has average sales 0 E3. The company has low sales However, rst you have to take one of the following 3 alternatives; 0 A1. Make a bond investment 0 A2. Make an investment in stocks 0 A3. Make an investment in mutual funds Economy Alternatives Stable Growth Declining Bonds 40 45 5 Shares. 70 30 -13 Mutual Funds. 53 45 -5 Using the data contained in the table, indicate what decision you will make following the following methods; to. Maximin or Wald model b. Maximax model c. HUI'WiCZ model d. Laplace model and. Savage model