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shows the projected profit in millions of dollars. (a) What is the decision to be made, and what is the chance event for Southland's problem?

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shows the projected profit in millions of dollars. (a) What is the decision to be made, and what is the chance event for Southland's problem? The decision is to choose . There are alternatives. The chance event is . There are possible outcomes. (b) Construct a decision tree. (Submit a file with a maximum size of 1 MB.) No file chosen This answer has not been graded yet. (c) Recommend a decision based on the use of the optimistic, conservative, and minimax regret approaches. The recommended decision using the optimistic approach is . The recommended decision using the conservative approach is . The recommended decision using the minimax regret approach is

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