Problem 1

Alternatives Strong Demand(in million) Weak Demand(in million) Maximax(in million)

D3 large condominiums 20 -9 20
D2 medium condominiums 14 5 14
D1 small condominiums 8 7 8
 Realism(Weighted Average) Equally Likely(.33) Minimize Regret(D3)
Maxmin(in million)
(in million) (in million) (in million)

-9 17.1 0.66657 0
5 13.1 7.99997 6
7 7.9 7.33333 12
Minimize Regret(D2) Minimize Regret(D1) Minimize
(in million) (in million) Maximize(in million)

-6 -12 18
0 -6 12
6 0 6