Question: had to split the question up Howard Weiss, Inc., is considering building a sensitive new radiation scanning device. His managers believe that there is a

had to split the question up had to split the question up Howard Weiss, Inc.,
had to split the question up Howard Weiss, Inc.,
Howard Weiss, Inc., is considering building a sensitive new radiation scanning device. His managers believe that there is a probability of 0.45 that the ATR Co will come out with a competitive product. If Weiss adds an assembly line for the product and ATR line and ATR follows suit, Weiss still expects $15,000 profit. If Weiss adds a new plant addition and ATR does not produce a competiti $80,000. a) Expected value for the Add Assembly Line option - $ 34250 (onter your answer as a whole number). Expected value for the Build New Plant options enter your answer as a whole number). Question Help at there is a the product and ATR Co. does not follow with a competitive product, Weiss's expected profit is $50,000; if Weiss adds an assembly mot produce a competitive product, Weiss expects a profit of $600,000; if ATR does compete for this market, Weiss expects a loss of

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