b) The expected value with perfect information (EVwPI) =$______________
c) The expected value of perfect information (EVPI) for Robert = $ _______________

The following payoff table provides profits based on various possible decision alternatives and various levels of demand at Robert Klassan's print shop: Demand Low High Decision Alternative 1 Alternative 2 $12,000 $24.000 $6,000 $42,000 Alternative 3 -$2.500 $48.000 The probability of low demand is 0.45, whereas the probability of high demand is 0.55. a) The alternative that provides Robert the greatest expected monetary value (EMV) is Alternative 2 The EMV for this decision is $25,800 (enter your answer as a whole number). b) The expected value with perfect information (EXw21) 5 (enter your answer as a whole number)