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Question is based on the following information Tyrese plans to purchase a new pickup truck to use in his Farm-Product Distribution (FPD) business. Tyrese's decision
Question is based on the following information Tyrese plans to purchase a new pickup truck to use in his Farm-Product Distribution (FPD) business. Tyrese's decision is affected by cost of petrol, especially since the Russian invasion of Ukraine, Table T gives the projected profit of FPD, over the next 2 years, from the different combination of pickup trucks and projected petrol prices. Table T States of Nature Choices Lower Petrol Unchanged Petrol Higher Petrol Prices Prices Prices (L) (U) Ford F150 Pickup 16,000 21.000 23.000 Isuzu Pickup 17,800 20,000 22.000 Mitsubishi Pick 14.000 23.100 16.000 up Nissan Pickup 18.000 21,200 22:200 Tyrese's optimal decision under the Maximax criterion is Select one: a. Nissan Pickup b. Ford F150 Pickup c Mitsubishi Pick up O d Isuzu Pickup
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