The owner of the Party City Toronto Company must decide among building a mega

centre store, building $5$ new stores, or leasing $10$ of their locations to another company.

The profit that will result from each alternative will be determined by whether material

costs remain stable, increase moderately, or increase significantly. In the payoff table

below the estimated profits$/$losses are given in $ thousands.

Determine the best decision using the Maximax decision criterion.

Decision: New Stores based on $2350=$max$(1840,2350,1040)$

Decision: Leasing based on $2820=$max$(2720,550,2820)$

Decision: Stable based on $2250=$max$(2250,1040,1040)$

Decision: New Stores based on $2250=$max$(1840,2250,1040)$