Demand has grown at dairy May forms and it is considering expandIng. One option is to expand by purchasing a very large form that would be able to meet expected future demand. Another option is to expand the facility by small amount and take a wait and see attitude with the possibility of a larger expansion in Two years. Management has estimated the following chances for demand: The likelihood of demand being high is $0\mathrm{.}74.$ The likelihood of demand being low is $0\mathrm{.}26.$ For each alternative have been estimated as folloWs: large expansion has an estimated probability of either $51,600$ or $24,200$ depending on whether demand turns out to be high or low. Small expansion has a profitability of $14,400$ assuming that demand is low. Small expansion with occurrence of high demand would require considering whether to expand further. Expand is expected to be $40,200$ if it does not expand, the probability is expected to be $11,000.$ Calculate values for large expansions. What should dairy forms do$.$