Use This Information to Answer the Following Questions -Refer to the Information Above

question 47

Essay

Use this information to answer the following questions.
ABC Inc.must make a decision on its current capacity for next year.Estimated profits (in $000s)based on next year's demand are shown in the table below.
$$\begin{array}{l}\text { Next Year's Demand }\\\begin{array} { l l l } \text { Alternative } & \text { Low } & \text { High } \\\hline \text { Expand } & \$ 100 & \$ 200 \\\text { Subcontract } & \$ 50 & \$ 120 \\\text { Do Nothing } & \$ 40 & \$ 50\end{array}\end{array}$$
-Refer to the information above.
a.Which alternative should be chosen based on the maximax criterion?
b.Which alternative should be chosen based on the maximin criterion?
c.Which alternative should be chosen based on the Lapalce criterion?
d.Which alternative should be chosen based on criterion of realism with alpha = 0.7?
e.Which alternative should be chosen based on the minimax regret criterion?

Describe the changes in physical functioning with age, including senescence.

Recognize the impact of socioeconomic status and culture on the transition to adulthood.

Identify the role of optimism and instability in emerging adulthood.

Understand the physiological changes and peak functions occurring in adulthood.