A Plant Manager Considers the Operational Cost Per Hour of Five

Multiple Choice

A plant manager considers the operational cost per hour of five machine alternatives.The cost per hour is sensitive to three potential weather conditions: cold, mild, and warm.The following table represents the operations cost per hour for each alternative-state of nature combination: Using the equally likely criterion, which alternative is best?

A) Machine 1
B) Machine 2
C) Machine 3
D) Machine 4