Question

1) Todays electronics specializes in manufacturing modern electronic components. It also builds the equipment that produces the components. Phyllis Weinberger, who is responsible for advising the president of Today's Electronics on electronics manufacturing equipment, has developed the following table concerning a proposed facility.

Profit?strong market fair market poor market?large facility 550,000 110,000 -310,000?medium facility 300,000 129,000 -100,000?small facility 200,000 100,000 -32,000?no facility 0 0 0

a) develop an opportunity loss table

b) What is the minimum regret decision