The correct answer to the question is “to draw up.” This phrasal verb means to create or formulate something official or structured, such as a plan, document, or contract. In the context of the sentence, “to create a new plan” aligns precisely with “to draw up a new plan,” making it the most accurate choice. The other options do not convey the intended meaning. “To turn down” means to reject or refuse something, which is unrelated to the idea of creation. “To take on” refers to accepting a responsibility or challenge, which may follow the creation of a plan but does not itself mean to create one. “To size up” means to assess or evaluate, which again is conceptually distinct from forming or devising something. In more formal or professional settings, “draw up” is commonly used to describe the preparation of structured materials—proposals, agreements, outlines—emphasizing both clarity and intentionality. Keep thriving!!!