A THROUGH E PLEASE

Suppose a distribution center is considering three options for expansion. The first one is to expand into a new plant, the second to add on third-shift to the daily schedule, and third, a small expansion to the existing facility. There are three possibilities for demand. These are high, medium, and low having probabilities of 47%, 22%, and 31% respectively. Suppose that the profits for the expansion plans are as follows: The new plant expected outcomes are $110,000, $50,000,-$25,000, the third shift consideration would result in outcomes of $40,000, $20,000, $5,000 and the small expansion choice would in the following dollar amounts $15,000, $12,000,- $6,000. The amount that the company must invest in each alternative is: new plant = $48,000, third shift = $15,100, small expansion = $8,700 a. The profit/loss (EMV) for the new plant is $ [Select] b. The profit/loss (EMV) for adding a third shift is $ [Select] V c. The profit/loss (EMV) for the small expansion is $ [ Select) V d. Which of the expansion plans should the manager chetose? [Select ] c. The profit/loss (EMV) for the small expansion is $ [Select) d. Which of the expansion plans should the manager choose? [Select) e. What if an outside consultant was hired by the organization and the probabilities were re-evaluated as a result of better information. The results of the research/feedback are now: 32%, 42%, 26% (high, medium , low). What choice should the manager make and what is the EMV (Select ] If Large Expansion based on a high demand of $110,000 Medium expansion; $9,500.00 Large Expansion; $1,700.00 Medium Expansion; $7,400.00 Small expansion based on the least amount of loss