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Southland Corporation's decision to produce a new line of recreational products resulted in the need to add capacity.Three alternatives available are (a) Use overtime, (b)

Southland Corporation's decision to produce a new line of recreational products resulted in the need to add capacity.Three alternatives available are (a) Use overtime, (b) hire new workers, and (c) use subcontracting.There are four possible future states for demand, Very Strong, Strong, Moderate, and Low.The following table represents estimated annual profit for the new data under each alternative to add capacity and future state of demand. (Round all Answers to 2 Decimal Places)

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Set up the opportunity loss matrix below. [Round all your answer to 2 decimal places}

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