Given is a decision payoff table. Alternatives. Small Facility Medium Facility Large Facility Low 52 50 -15 bod I Future Demand Moderate 42 49 38 High 43 49 51 a) The best decision under uncertainty using MAXIMAX is to select Blank 1 facility b) The best decision under uncertainty using MAXIMIN is to select Blank 2 facility c) The best decision under uncertainty using LAPLACE/EQUALITY LIKELY is to select Blank 3 facility d) If the probabilities for Future Demand when it is Low-0.35, Moderate=0.30, and High-0.35, the expected monetary value (EMV) for the large facility - Blank 4. e) If the probabilities for Future Demand when it is Low -0.35, Moderate -0.30, and High = 0.35, the best decision under risk is to select Blank 5 facility. a) The best decision under uncertainty using MAXIMAX is to select Blank 1 facility b) The best decision under uncertainty using MAXIMIN is to select Blank 2 facility c) The best decision under uncertainty using LAPLACE/EQUALITY LIKELY is to select Blank 3 facility d) If the probabilities for Future Demand when it is Low = 0.35, Moderate=0.30, and High-0.35, the expected monetary value (EMV) for the large facility - Blank 4. e) If the probabilities for Future Demand when it is Low = 0.35, Moderate - 0.30, and High = 0.35, the best decision under risk is to select Blank 5 facility. I Blank 11 Blank 2 Add your answer Add your answer Blank 3 Add your answer Blank 4 Blank 5 Add your answer Add your answer Given is a decision payoff table. Alternatives. Small Facility Medium Facility Large Facility Low 52 50 -15 bod I Future Demand Moderate 42 49 38 High 43 49 51 a) The best decision under uncertainty using MAXIMAX is to select Blank 1 facility b) The best decision under uncertainty using MAXIMIN is to select Blank 2 facility c) The best decision under uncertainty using LAPLACE/EQUALITY LIKELY is to select Blank 3 facility d) If the probabilities for Future Demand when it is Low-0.35, Moderate=0.30, and High-0.35, the expected monetary value (EMV) for the large facility - Blank 4. e) If the probabilities for Future Demand when it is Low -0.35, Moderate -0.30, and High=0.35, the best decision under risk is to select Blank 5 facility. a) The best decision under uncertainty using MAXIMAX is to select Blank 1 facility b) The best decision under uncertainty using MAXIMIN is to select Blank 2 facility c) The best decision under uncertainty using LAPLACE/EQUALITY LIKELY is to select Blank 3 facility d) If the probabilities for Future Demand when it is Low -0.35, Moderate=0.30, and High-0.35, the expected monetary value (EMV) for the large facility - Blank 4. e) If the probabilities for Future Demand when it is Low=0.35, Moderate=0.30, and High = 0.35, the best decision under risk is to select Blank 5 facility. I Blank 11 Blank 2 Add your answer Add your answer Blank 3 Add your answer Blank 4 Blank 5 Add your answer Add your answer