The quality control manager for NKA Inc.must decide whether to accept (alternative 1),further analyze (alternative 2),or reject (alternative 3)an incoming shipment (lot)of microchips.The historical data indicate that there is a 30 percent chance that the lot is poor quality (S1),50 percent chance that the lot is fair quality (S2),and 20 percent chance that the lot is good quality (S3).Assume the following payoff table is available.The values in the payoff table are in thousands of dollars. 
What alternative action should be selected according to the maximin criterion?
Definitions:
Meaningful Use Performance Measures
Benchmarks set under healthcare policy to encourage the use of electronic health records (EHRs) and technology to improve patient care.
Tickler File
A chronologic file commonly used as a follow-up method for a particular date.
Cross-Index
A method used in organizing and referencing information, where data is linked between different resources or sections for easier retrieval.
Physician's Order
Written instructions given by a doctor regarding the treatment, medication, or procedure to be administered to a patient.
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