Urgent Help Please

Braun Nurnberg is a small manufacturer of photographic chemical. The company has initiated an expansion project to expand in Toronto. Canada. Each plant will operate at its maximum capacity. The total production cost and the selling price per litre is $ 54 and $ 67, respectively. If each plant produces more than the market demand, the company soils the chemical to a recycling company $3 per litre. Ex nsion 0 ions and Market Demand PLT1 29. 000 30 000 GEEm Mmemm The expansion facilities will produce up to their maximum capacity. The company has committed to satisfy the market demand up to its full production capacity at each of its facilities. The CEO, a veteran in the business has made the company one of the largest companies by implementing optimistic policies, and the senior management team is aiming at minimizing business payoffs and wants to continue with this approach for this project as well. The CEO has hired you as the project manager to recommend the type of facility that is aligned with the company's philosophy. Based on the above information: 1. Estimate the decision (payoff) table for this problem.- 2. Using the Optimistic criterion: a. What do you recommend? b. What will be the payoff value? 3. Using the Pessimistic criterion a. What do you recommend? b. What will be the payoff value? 4. Using the criterion of Realism, alpha= [17'5- a. What do you recommend? b. What will be the payoff value? 5. Criterion: Decisions under risk- a. What do you recommend? b. What will be the payoff value