had to split up question

tion, as well as the probabilities of each long term demand level: warments poor, fair, good, and exc Fair Probabilty Batch Custom Group technology Poor 0.05 -$200,000 $200,000 $1,250,000 0.40 $1,200,000 $300,000 - $600,000 Demand Good 0.20 $1,400,000 $750,000 $22.000 Excellent 0.35 $1,400,000 $900,000 $2,100,000 a) The arrative that provides Zhu the greatest expected monetary value (EMV) The EMV for this decisions into your awe as a whole numbers The amount that Faye Thu would be willing to pay for a forecast that would accurately determine the level of demand in the future enter your answer as a whole number Zhu Manufacturing is considering the introduction of a family of new products. Long term demand for the product group is somewhat predictable, so the manufacturer must be concerned with the risk of choosing a process that is inappropriate. Faye Zhu is VP of operations. group technology. Zhu won't be able to forecast demand accurately until after she makes the process choice Demand will be classified into four compare associated with each process/demand combination, as well as the probabilities of each long-term demand level: hamian group propriate. Faye Zhu is VP of operations. She can choose among batch manufacturing or custom manufacturing, or she can invest in emand will be classified into four compartments: poor, fair, good, and excellent. The table below indicates the payoffs (profits)