Question: appropriations analyst estimates annual returns for these alternatives as shown in the following table. (a) Use a decision tree to analyze these decision alternatives. The

appropriations analyst estimates annual returns for these alternatives as shown in the following table. (a) Use a decision tree to analyze these decision alternatives. The expected value of building a new plant (in $ ) is $ . The expected value of expanding the old plant (in $ ) is $ . The expected value of doing nothing (in $ ) is $ (b) What should the company do? Build a New Plant Expand Old Plant Do Nothing (c) What returns will accrue to the company if your recommendation is followed? downturn the company will see a return (in $ ) of $
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