A farmer wants to decide which of the three crops he should plant on his 100-acre farm. The profit from each is dependent on the rainfall during the growing season. The farmer has categorized the amount of rainfall as high medium and low. His estimated profit for each is shown in the table.
Rainfall |
Estimated Conditional Profit(Rs.) |
crop A |
crop B |
crop C |
High |
8000 |
3500 |
5000 |
Medium |
4500 |
4500 |
5000 |
Low |
2000 |
5000 |
4000 |
If the farmer wishes to plant only crop, decide which should be his best crop using
(i) Maximin (ii)Minimax