MGMT 339 Problem Set #2 Problem E Q11. A manager has two choices for warehouse capacity expansion. There are three possible demand scenarios: future demand may increase with a 30% probability, decrease with a 20% probability, and remain the same with a 50% probability. The payoffs for each demand scenario for each option are shown in the graph below. What is the expected payoff if the manager chooses a large warehouse option? $__ (Enter your response as an integer.) No change (0.5)_ Increase [0.3] Decrease (0.2] $10,000 $35,000 - $25,000 Large Warehouse Small Warehouse No change (0.5) Increase (0.3) Decrease [0.2] $0 $15,000 - $15,000