Question: 1. Which Decision Alternative do you choose based on EV?2. Expected Value Under Perfect Information (EVuPI)3. Expected Value of Perfect Information (EVPI) 11 12 13

1. Which Decision Alternative do you choose based on EV?2. Expected Value Under Perfect Information (EVuPI)3. Expected Value of Perfect Information (EVPI)

11 12 13 14 Average Extended Short season EV 15 season season 16 Build 8 0 2000 4000 2200 17 Build 20 -5000 3500 9000 3600 18 Sell 3000 3000 3000 3000 19 Probability 0.15 0.6 0.25 20 21 22 23 24 25 26 27 28 29 30 31 32

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