company must decide how many lots of chocolate muffin premix to order for its

company must decide how many lots of chocolate muffin premix to order for its three stores.Information on pricingsalesand inventoy costs has led to the
following payoff table in thousands.

Deman

Order

size

Low

medium

High

1 lot

12

15

15

2 lots

9

25

35

3 lots

6

35

60

1-what decision should be made by the optimist?

2-what decision should be made by the conservative ?

3-what decision should be made using minimax regret?show the regret table.

4-assume that the payoff table provides cost rather than profit payoffs.what is the recommended decision using optimisticconservativeand minimax regret
approaches?