Question: a) , b) , c) its a 3 part question. will give thumbs up The following payoff table provides profits based on various possible decision

a) , b) , c) its a 3 part question. will give thumbs up

The following payoff table provides profits based on various possible decision alternatives and various levels of demand at Robert Klassan's print shop The probability of low demand is 0.35, whereas the probability of high demand is 0.65. a) The alternative that provides Robert the greatest expected monetary value (EMV) is The EMV for this decision is $ (onfer your answor as a whole number). b) The expected value with perfect information (EVwPI) =$ (enter your answor as a c) The expected value of perfect information (EVPI) for Robert = $ (enter your answt Alternative 1 Alternative 3 Alternative 2

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