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Given the Payoff Table Below, Determine the Profit and Size

Question 5

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Given the payoff table below, determine the profit and size of warehouse that would be built, using the maximin criterion. Given the payoff table below, determine the profit and size of warehouse that would be built, using the maximin criterion.   A)  $8 million, small warehouse B)  $5 million, medium warehouse C)  $22 million, large warehouse D)  $15 million, medium warehouse


A) $8 million, small warehouse
B) $5 million, medium warehouse
C) $22 million, large warehouse
D) $15 million, medium warehouse

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