Question: Determine decision strategies based on expected value for this decision tree. Please answer Questions 6 - 12 based on the information given above. QUESTION 10

Determine decision strategies based on expected value for this decision tree.
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Please answer Questions 6 - 12 based on the information given above.
QUESTION 10
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What is the expected value after branch C, i.e., EV( C ) =?
A. 120
B. 316
C. 150
D. 127.2
E. 100
QUESTION 11
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Based on the maximum expected value approach, what should be the initial decision strategy?
A. Select decision alternative A
B. Select decision alternative B
C. Select decision alternative C
QUESTION 12
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Suppose that initially decision alternative B is selected and then G happened. Based on the maximum expected value approach, what should be the next decision strategy?
A. Select decision alternative K
B. Select decision alternative J
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