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.) $1.09 $1.3 Do nothing Small demand14) Expand $1.3 Medyum demands Large demand (1) $1.5 Do nothing Expand $1.6 Build Subcontract $1.8 50.7 Do nothing Other use 21 Other use Small demand $1.0 Expand Medium demand (5) $1.6 Large demand 11 $1.6 Do nothing Subcontract $1.5 demand (1) $1.0 Do nothin Subcontract $1.5 Build $1.7 Build ($0.9) Do nothing Other use #1 $1.4 Other use #2 Small demand (4) $1.0 Medium de wand (.5) $1.0 Large demand (1) Do nothing Other use #1 $1.1 Other use #2 $0.9 * Net present value in millions $2.4 EVsubcontract EVexpand EVbuild

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