Use the following to answer the questions below.
A company that is introducing a new product has to choose between three different manufacturing methods,referred to as methods A,B,and C.Depending on the demand for the product,they have forecast different levels of revenue for the year (values are in thousands).The company has identified three possible states of nature for economic growth,and named them High,Medium,and Low.
Table A.2
-Using the information in Table A.2,which alternative is best in accordance with a decision criterion of maximax?
A)A
B)B
C)C

Question

Use the following to answer the questions below.
A company that is introducing a new product has to choose between three different manufacturing methods,referred to as methods A,B,and C.Depending on the demand for the product,they have forecast different levels of revenue for the year (values are in thousands).The company has identified three possible states of nature for economic growth,and named them High,Medium,and Low.
  Table A.2
-Using the information in Table A.2,which alternative is best in accordance with a decision criterion of maximax?
A)A 
B)B 
C)C

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The Answer of Use the following to answer the questions below.
A company that is introducing a new product has to choose between three different manufacturing methods,referred to as methods A,B,and C.Depending on the demand for the product,they have forecast different levels of revenue for the year (values are in thousands).The company has identified three possible states of nature for economic growth,and named them High,Medium,and Low.
  Table A.2
-Using the information in Table A.2,which alternative is best in accordance with a decision criterion of maximax?
A)A 
B)B 
C)C

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