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considering plans on a small, medium, or large development and balancing possible future demand as low, moderate and high. Profits have been estimated and are
considering plans on a small, medium, or large development and balancing possible future demand as low, moderate and high. Profits have been estimated and are summarized in a payoff table. Act State of Nature ($millions) Low Demand Moderate Demand High Demand Small 6 8 11 Medium 5 8 13 Large -4 10 18 Which table describes the opportunity loss for this situation? Question 13 options: Act Opportunity Loss ($millions) Low Demand Moderate Demand High Demand Small 0 2 7 Medium 1 2 5 Large 4 0 0 Act Opportunity Loss ($millions) Low Demand Moderate Demand High Demand Small 0 2 7 Medium 1 2 5 Large 10 0 0 Act Opportunity Loss ($millions) Low Demand Moderate Demand High Demand Small 10 0 0 Medium 9 0 2 Large 0 2 7 Act Opportunity Loss ($millions) Low Demand Moderate Demand High Demand Small 2 0 0 Medium 1 0 2 Large 0 2 7
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