Chapter 13 HW Q4 Please answer all sections thank you

each option (in thousands of dollars) depends on demand as follows. \begin{tabular}{|c|c|c|c|} \cline { 2 - 4 } \multicolumn{1}{c|}{} & \multicolumn{3}{c|}{ Demand } \\ \hline Staffing Options & High & Medium & Low \\ \hline Own staff & 550 & 550 & 500 \\ \hline Outside vendor & 800 & 500 & 200 \\ \hline Combination & 700 & 550 & 400 \\ \hline \end{tabular} EV(Own staff) =$ EV(Outside vendor) =$ EV( Combination )=$ The decision alternative that minimizes the expected cost is hiring an outside vendor . The expected annual cost associated with this recommendation is $ (b) Construct a risk profile for the optimal decision in part (a). (Submit a file with a maximum size of 1 MB.) Choose File No file chosen This answer has not been graded yet. What is the probability of the cost exceeding $750,000 ?