As you may know. ASU has developilo MBA programs at the sole campuses fonty recently Bob West Memphis, and Mountain Home In addition ASU is now considering plementing an MBA program at Little Rock Ar Force Bato (LRAFB) has been suggested that may only one of those program will be continued beyond the first rotation of students, and the big question is Where?" Clearly ASU needs to invest med resources where not only the greatest number of potential students will benefit but at the same time must ensure the maximum possible profitability of the program Based upon the first year's enrollments, como estimates of the annual number of MBA graduates at each location have been generated. The states have been developed for three broad economicos worse conditions given a thood of 20%) the same conditions with a probability of So), and better condtions. The following title summarize that estimates. Economic Conditions Location Worse Same Better Bebe 16 17 21 West Memphis 11 21 20 Mountain Home 19 17 16 LRAFB 22 21 15 upon ne SHOT, BOTH GURU GOVOROM VODOOR GOVCHODCO cercos worse conditions (given a bike hood of 20%) the same condicions with a probability of 50%), and better condition. The following the summarizes these estimates Economic Conditions Location Worse Same Better Boebe 16 17 21 West Memphis 11 21 20 Mountain Home 19 17 16 LRAFB 22 21 15 ASU typically receives a total of around $20,000 in revenues (tuition fees, etc) for every MBA student who completes the program Essentially cools associated with the program can be treated as xed costs but vary from one location to another. Al Bebe those costs are estimated to be around 5473,000, while the estimated costs for West Merch are $145.000, thote for Mountain Home are 5164,000 and the LRAB costs are estimated at $185,000 The following table contains the payoffs attociated with each of the terrative for each of the economicos sumed trove Based upon these payoffs, determine the expected proht for each of the stratives and enter that value in the appronto place in the table Econ Conditions Location Worse Same Better EMV Bombe $153,000 -$133.000 $53.000 Time Remaining: 0263.22 Next The following table contains the payoffs associated with each of the aternatives for each of the economic scenarios summarized above Based upon those payotta determine the expected prolt for each of the alternatives and enter that value in the appropriate place in the table Econ Conditions Location Worse Same Better EMV Beebie $153000 $933.000 $53.000 West Memphis 575,000 $275.000 $435.000 Mountain Home $216.000 5176,000 $156,000 LRAFB $255.000 5235,000 $115.000 Asu should therefore choose which location to continue the MBA program beyond the piot phone? QA Mountain Home OB Bebe CLRAFB OD West Memphis HEDE