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- C O B https://imathas.humber.ca/assess2/?cid=235&aid=6302#/skip/1 The owner of the Party City Toronto Company must decide among building a meg centre store, building 5 new stores,

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- C O B https://imathas.humber.ca/assess2/?cid=235&aid=6302#/skip/1 The owner of the Party City Toronto Company must decide among building a meg centre store, building 5 new stores, or leasing 10 of their locations to another company. The profit that will result from each alternative will be determined by whether material costs remain stable, increase moderately, or increase significantly the payoff table below the estimated profits/losses are given in $thousands. Material Costs Moderate Significant Stable Increase Increase Mega 1800 1000 -200 Centre Decision New Stores 2160 560 -2440 Leasing 810 910 1010 Determine the best decision using the Maximax decision criterion. O Decision: New Stores based on 2160 = max(1800,2160,1010) Decision: Leasing based on 2730 = max(2600,280,2730) O Decision: Stable based on 2160 = max(2160,1000,1010) Decision: New Stores based on 2440 = max(1800,2440,1010)

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