B.F. Retread, a tire manufacturer, wants to select one of three feasible prototype designs for a new tire; A, B, C.

Revenues

Low(0.30)

Medium(0.50)

High(0.20)

A

120,000

255,000

390,000

B

130,000

295,000

460,000

C

100,000

300,000

480,000

What is the best decision using the maxi-min approach to decision making?

Decision A

Decision C

Both Decision A & C

Decision B