Mr
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Title: Mr

Essay Details:

Subject: Business
Author: Phillip W
Date: May 16, 2016
Level: University
Grade: A
Length: 4 / 1011

Essay text:

Maximax b. Maximin c. Minimax regret d. Equal likelihood Ans: a.Maintain Foreign Competitive Condition Decision Good Poor Max Maximax Expand $ 800,000 $ 500,000 800,000 Maintain 1,300,000 -150,000 1,300,000 1,300,000 Sell 320,000 320,000 320,000 b.Expand Foreign Competitive Condition Decision Good Poor Min Maximin Expand $ 800,000 $ 500,000 500,000 500,000 Maintain 1,300,000 -150,000 -150,000 Sell 320,000 320,000 320,000 c.Expand Regret Table 2 Foreign Competitive Condition Decision Good Poor Max Minimax Expand $ 500,000 $ 0 500,000 500,000 Maintain 0 650,000 650,000 Sell 980,000 180,000 980,000 d...

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