[Solution Library] The owner of the Burger Doodie Restaurant is considering two ways to expand operation: open a drive-up window or serve breakfast. The increase
Question: The owner of the Burger Doodie Restaurant is considering two ways to expand operation: open a drive-up window or serve breakfast. The increase in profit resulting from these proposed expansions depends on whether a competitor opened a franchise down the street. The possible profits from each expansion is operations, given both future competitive situation, are shown in the following payoff table:
| Decision | Open | Not Open |
| Drive-up window | -6,000 | 20,000 |
| Breakfast | 4,000 | 8,000 |
Select the best decision, using he following decision criteria.
- Maximax
- Maximin
Deliverable: Word Document 