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Question: The owner of the Burger Doodle Restaurant is considering two ways to expand operations: open a drive-up window or serve breakfast. The increase in profits resulting from these proposed expansions depends on whether a competitor opens a franchise down the street. The possible profits from each expansion in operations, given both future competitive situations, are shown in the following payoff table:
Competitor Decision
Open
Not Open
Drive-up window
$ -6,000
$ 20,000
Breakfast
4,000
8,000
Choose the best decision, using the following decision criteria.
[A] Maximax[B] Maximin
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