Economic/Political Climate Country Decline Same Improve South Korea 21.7 19.1 15.2 China 19.0 18.5 17.6 Taiwan 19.2 17.1 14.9 Philippines 22.5 16.8 13.8 Mexico 25.0 21.2 12.5
Microcomp is a U.S.-based manufacturer of personal computers. It is planning to build a new
manufacturing and distribution facility in either South Korea, China, Taiwan, the Philippines,
or Mexico. It will take approximately 5 years to build the necessary infrastructure (roads, etc.),
construct the new facility, and put it into operation. The eventual cost of the facility will differ
between countries and will even vary within countries depending on the financial, labor, and
political climate, including monetary exchange rates. The company has estimated the facility
cost (in $1,000,000s) in each country under three different future economic and political climates,
as follows: Determine the best decision, using the following decision criteria.
a. Minimin
b. Minimax
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