Question: I need the expected cost for Option 1 and Option 2, please Consider the two capacity options for Arktec Manufacturing shown below. Suppose the company

I need the expected cost for Option 1 and Option 2, please

I need the expected cost for Option 1 and Option

Consider the two capacity options for Arktec Manufacturing shown below. Suppose the company has identified the following three possible demand scenarios. Click the icon to view the capacity options table. Click the icon to view the demand scenarios table. a. The expected cost for Option 1 is $ 623000 . (Enter your response as a whole number.) The expected cost for Option 2 is $ 715000 . (Enter your response as a whole number.) Based on the given information, the best choice is Option 1 . b. Suppose the lowest and highest demand levels are updated to 40,000 and 110,000, respectively. The expected cost for Option 1 is now $ (Enter your response as a whole number.) More Info i X More Info Probability Fixed cost (per year) $500,000 $100,000 Variable cost (per unit) $2 $10 Option 1 Option 2 Demand (units per year) 25,000 60,000 100,000 30% 40% 30%

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