A company that is introducing a new product has to choose between three different manufacturing methods, referred to as methods A, B, C, and D. 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 possibilities for economic growth and has labeled them High, Medium, and Low. Identify the best decision under Maximax, Maximin, Laplace, and Minimax regret. Show your work.

Jimmy's delicatessen sells large tins of tom tucker's toffee. the deli uses a periodic review system, checking inventory levels every 88 days, at which time an order is placed for more tins. order lead time is 22 days. daily demand is a constant 1515 tins, so average demand during the reorder period and order lead time (1010 days) is 150150 tins. draw a sawtooth diagram. assume that the beginning inventory level is equal to the restocking level and the desired service level is 99.9%. what is the safety stock level? (hint: look at the formula for calculating restocking level.) what is the average inventory level? the safety stock level is average inventory level is __chart: time (10,20,30), tins (0,150) lines touching both axisthe safety stock level is 0 tinsthe average inventory level is 75 tins