Check My Work (1 remaining) idwards Machine Tools needs to purchase a new machine. The basic model is slower but costs less, whereas the advanced model is faster but costs more. Profitability will depend on future lemand. The following table presents an estimate of profits over the next three years. I forecasting study determines that he probabilities of demand volume are: Low =0.2, Medium =0.6, and High =0.2. Compute the expected value of perfect information (EVPI). Round our answer to the nearest dollar