ABC Inc. must make a decision on its current capacity for next year. Estimated profits...
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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. Next Year's Demand Alternative Low High Expand$100 $200 Subcontract $50$120 Do nothing $40 $50 Using the information above,which alternative should be chosen based on the maximin criterion?
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