Question: Compute the expected payoffs for each alternative shown in the following decision tree. (Values in the tree are in millions. Use the same format, rounding

Compute the expected payoffs for each alternative
Compute the expected payoffs for each alternative
Compute the expected payoffs for each alternative shown in the following decision tree. (Values in the tree are in millions. Use the same format, rounding to 2 decimals, to enter your answers.) $1.0* $1.3 Do nothing Smal demand (4) Expand $1.3 Medium demand (5) $1.5 Largo demand (1) Do nothing Expand $1.6 Build $1.8 Subcontract $0.7 Do nothing Other use #1 $1.5 Other use 82 $1.0 Small demand Expand Medium demand (5) $1.6 Expand Medium demand (5) $1.6 Large demand (1) $1.6 Do nothing Subcontract $1.5 Build $1.7 Build Do nothing ($0.9) Other use 1 $1.4 Small demand (4) Other uso #2 Medium demand (.5), $1.0 $1.0 Large domand (1) Do nothing Other use 21 $1.1 Other use #2 2.9 Net present value in millions $2.4 EVsubcontract Evexpand EVbuild

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