Cost Maximization: A project has estimated the following payoff table. Determine the best decision using the following criteria. 4 1. Maximax (2 marks) 2. Maximin (2 marks) 3. Hurwicz, a 0.35 (3 marks) 4. Minimax Regret (3 marks) 5. EVPI (3 marks) You can use the HTML Editor to enter your answer in tables. You can also insert images. States of Nature Decisions State 1 State 2 State 3 State 4 State 5 Probabilities 0.10 0.20 0.30 0.25 0.15 ABC 152,750 143,500 141,000 138,500 136,000 131,100 140,100 147,100 158,100 155,600 137,000 146,000 155,000 166,000 150,000