Question: I need help with part d 2) (7 points) An enterprising SOBA student plans to sell FLC Faculty Swimsuit Calendars next year. Each calendar that

I need help with part d I need help with part d 2) (7 points) An enterprising SOBA

2) (7 points) An enterprising SOBA student plans to sell FLC Faculty Swimsuit Calendars next year. Each calendar that sells will earn $26. The student can supply 80 calendars for $900,160 calendars for $1750, or 240 calendars for $2600. Over the last ten years, demand has been low (about 50 calendars) five times, medium (about 150 calendars) three times, and high (about 250 calendars) twice. a) Set up the decision analysis table. Include this table below. EVPI $671 b) According to EV, how many should be supplied and what's the expected profit? 160 calendars should be supplied, and the expected profit is $902. c) Calculate and interpret the EVPI. EVPI is $671 This is the most we would pay to know future demand in advance. d) What are the best supply choice and EV if unsold calendars have a $3 salvage value

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