and the payoff is $$700,000.$

a$)$ What should Cheryl do to maximize her expected payoff?

Choose the correct decision tree below. Note that all payoffs are in $$1,000$ s

B$.$

c$.$

D$.$

Cheryl should build the

$$ facility. If demand proves to be low, then $$ to stimulate demand

b$)$ What is the value of this expected payoff?

The expected payoff is $($round your response to the nearest dollar$).$