The owner of Tastee Cookies needs to decide whether to lease a small, medium, or large new retail outlet. She estimates that monthly profits will vary with demand for her cookies as follows:
If she uses the minimax regret criterion, what size outlet will she decide to lease?
Definitions:
Task Force
A temporary group of employees responsible for bringing about a particular change.
Group Of Employees
A collective of individuals who work together in the same organization and contribute towards achieving the organization's goals and objectives.
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