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Given the Payoff Table Below, Determine the Profit and Size

Question 53

Multiple Choice

Given the payoff table below, determine the profit and size of warehouse that would be built, using the maximax criterion. Given the payoff table below, determine the profit and size of warehouse that would be built, using the maximax criterion. A) $8 million, small warehouse B) $5 million, medium warehouse C) $11 million, large warehouse D) $15 million, medium warehouse E) $22 million, large warehouse


A) $8 million, small warehouse
B) $5 million, medium warehouse
C) $11 million, large warehouse
D) $15 million, medium warehouse
E) $22 million, large warehouse

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