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Decision Analysis Without SI - 3 The next 3 questions refer to the following situation: In the provided blank, insert the letter that corresponds to the correct answer. For example, if the correct answer is "a) 1.990 ", insert only "a" as the correct answer. Tatum Corporation's decision to produce a new line of sport products resulted in the need to construct either a small factory or a large factory. Profits, in thounsands, critically depends on how the marketplace reacts to the new product line. The administration has decided to view the possible long-run demand as low, medium, and high with the following probabilities P(Low) = 0.20, P(Medium) = 0.40, and P(High) = 0.40 Di\\ Ej | FactorySize | low | Medium | High | | Smal | 100 [ 150 | 250 | | tage | 50 [ 200 | 400 | l. Compute the maximum expected monetary value. The letter associated with the correct answer is a) 218 b) 250 c) 290 d) 350 e) None of the above