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Hello, could you help me answer part 3 of this question? Thank you!! I am the owner of a pizza business Lisa's Pizza's. Business is

Hello, could you help me answer part 3 of this question? Thank you!!

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I am the owner of a pizza business Lisa's Pizza's. Business is doing well and I would like to open additional shops in the city. Interpret decisions made under uncertainty: On a good day, I sell about $280 in pizza per shop and it costs about $80 to operational costs. Earning a net income of about $200 per day. On a moderate day, I sell about $180 in pizza per shop and it still costs about $80 for Operational costs. Earning a net income of about $100 per day On a poor day, I sell about $30 in pizza per shop and it still costs about $80 for Operational costs. Earning net loss of about $50 per day a. Three alternatives would be: Expand to 3 new shops at once Open just one shop Do not expand Three tree states of nature would be: Serious demand for pizza Moderate demand for pizza Poor demand for pizza a. Create a decision table in Excel. b. Identify the potential payof'losses for each alternative and state of nature and include in your decision table. c. Choose two decision strategies and determine the best alternative: (Clearly state the best alternative for each strategy.) i. Optimistic ii. Pessimistic iii. Criterion of Realism (11% d. Why did you choose the two strategies? What are the results of the best alternative? What is your nal decision

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