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The Corner Diner Dilemma Decision Tables: The comer diner dilemma Complete the numbers in the highlighted cells. Results EMV Minimum Maximum 0.4 Data Sales Increases

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The Corner Diner Dilemma Decision Tables: The comer diner dilemma Complete the numbers in the highlighted cells. Results EMV Minimum Maximum 0.4 Data Sales Increases Probability Large facility Medium facility Small facility No new facility Scenario 1 Scenario 2 Scenario 3 Robust Average Recession 0.3 0.3 500000 250000 -275000 350000 300000 - 100000 125000 100000 -25000 0 0 0 Maximum Expected Value of Perfect Information Column best MINIMAX EMV MAXIMIN MAXIMAX Regret Expected Maximum Scenario 1 0.3 Scenario 2 0.4 Scenario 3 0.3 Probability Large Medium Small No facility Minimum Your Advice: The Corner Diner Dilemma Decision Tables: The comer diner dilemma Complete the numbers in the highlighted cells. Results EMV Minimum Maximum 0.4 Data Sales Increases Probability Large facility Medium facility Small facility No new facility Scenario 1 Scenario 2 Scenario 3 Robust Average Recession 0.3 0.3 500000 250000 -275000 350000 300000 - 100000 125000 100000 -25000 0 0 0 Maximum Expected Value of Perfect Information Column best MINIMAX EMV MAXIMIN MAXIMAX Regret Expected Maximum Scenario 1 0.3 Scenario 2 0.4 Scenario 3 0.3 Probability Large Medium Small No facility Minimum Your Advice

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