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Use Excel to develop a spreadsheet model that accepts a payoff table and gives the best choice for each of the following approaches. Note that

Use Excel to develop a spreadsheet model that accepts a payoff table and gives the best choice for each of the following approaches. Note that the Excel model must work for any number of alternatives and scenarios with a maximum of 10 alternatives and 10 scenarios.

  • Optimistic
  • Pessimistic
  • Realistic (
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