Question: a Howard Weiss, Inc., is considering building a sensitive new radiation scanning device. His managers believe that there is a probability of 0.40 that the

a Howard Weiss, Inc., is considering building a
a Howard Weiss, Inc., is considering building a sensitive new radiation scanning device. His managers believe that there is a probability of 0.40 that the ATR Co will come out with a competitive product, if Weiss adds an assembly line for the product and ATR Co does not follow with a competitive product, Weiss's expected profit is $50,000; if Weiss adds an assembly fine and ATR follows suit, Weiss still expects $10,000 profit. If Weiss adds a new plant addition and ATR does not produce a competitive product, Weiss expects a profit of $600,000; if ATR does compete for this market, Weiss expects a loss of $100,000 *) Expected value for the Add Assembly Line option = $(enter your answer as a whole numbe)

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