Given the table Alternatives Possible future demand Low Rs High-01169
This subjective question is related to the book/course
vu edu305 Classroom Management.
It can also be found in
vu edu305 Mid Term Solved Past Paper No. 1.
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 |