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Question 1: Given the table:
Calculate Maximax, Lapalace and Minimax regret?
| Alternatives Possible future demand | Low (Rs.) | High (Rs.) |
| Small facility | 10,000 | 8,000 |
| Medium facility | 12,000 | 20,000 |
| Large facility | 18,000 | 15,000 |
Current Answer:
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