Q1 A full-service Children's Hospital has received approval to construct a new, state of the art outpatient I acility. The next step in we planning process is to select a location for the new facility, ..hich .. .usone large enough to . .pport:..ore thai seventy e am rowmis two operating rooms, and areas for diagnostic testing, Imagin_, cau and pharmac, - Data on the potential profit or carious demand trends at each possible location are displayed in aule LY. 2 on pa; e . 15 of the textuook Suppose the majority of the members of the executive teamn are out. nistic decision makers Which location would they chance. "Which location : ould the pessi istic men bers on the executive team choose? What would ve the location decision under .inimax regret? Which location : ould the executive team choose under the Laplace strategy? Table EX 3.2 Payoff: Profit (in $000s) for Demand Trends Location Increasing Stable Decreasing Church Hill 650 250 (500) Maymont 725 375 (225) Riverside $50 325 (150) West End 450 200 (350) A by=4 1, ra it_ specializing in man ging -p. - pa.ho ogy is as_ sing tie Lasily . dding a C- am maging cibul_mente - In = 0- mm priced. ?=> w-u'd . equir- hiring n- o: more raf; - -chnicians t assist the , hy-icion The practice manager being f mifurvia .crecaxing t_cnn. es i s already dove -_d a pre:.jan ci annual & amp:cc_du.es. and ..0 /'d me to de e....ine me ta.ge: e el ci . adiol_gy Fi_ss would the Ca. .. i ... ging itL- added it the pracice . .b - BA / _ n. .g- -/. .. the Le 'onok oldlin_- the orecasted wod ect each proced .e o e: an eight . . nuh e. iud and e-time:d standard i u.s oe. p cedar- per -im_w cy radiology echnician. ndirect sup. wit le is uit hours wer procure. no c nman: time _yal stut is wohours p- day The :inge Junenit allowance is .U pe. c.n. and the practice atiliz "ti'm a gutis d. .elcunt what is the >i nd rd hours per monti b s_d on he abe