Question: ID decision tree3 DT information (same for all the Decision tree problems): JDI, Inc. is trying to decide whether to make or buy a part

 ID decision tree3 DT information (same for all the Decision tree

ID decision tree3 DT information (same for all the Decision tree problems): JDI, Inc. is trying to decide whether to make or buy a part (\#J-45FPT). Purchasing the part would cost $1.30 each. If they design and produce it themselves, it will result in a per unit cost of $0.82. However, the design investment would be $40,000. Further, they realize that for this type of part, there is a 25% chance that the part will need to be redesigned at an additional cost of $50,000. Regardless of whether they make or buy the part, JDI will need 80,000 of these parts. Using decision trees analysis answer all the questions with ID decision tree. What is the expected value of the decision node? $115,200$121,800$145,600$118,100

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