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