Question: a . The profit / loss ( EMV ) for the new plant is $ b . The profit / loss ( EMV ) for
a The profitloss EMV for the new plant is $
b The profitloss EMV for adding a third shift is $
c The profitloss EMV for the small expansion is $
d Which of the expansion plans should the manager choose?
e What if an outside consultant was hired by the organization and the probabilities were reevaluated as a result of better information. The results of the researchfeedback are now: high medium low What choice should the manager make and what is the EMV?
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