Minimum EOL Method.

Show your Opportunity loss table $($regret table$)$ and EOLs down here:

Regret Table $($show your calculations$)$:

Product alternatives Market Conditions Expected Values $($EOL$$s$)$

Favorable Stable Unfavorable

$0\mathrm{.}20\mathrm{.}70\mathrm{.}1$

Widget

Hummer

Nimnot

The value of minimum EOL$=\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_.$

The best alternative as the decision is : $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_.$

$($c$)($show your calculations$)$

Expected payoff without perfect information $($EPw$/$oPI$)=\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_.$

Expected payoff with perfect information $($EPwPI$)=\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_.$

Expected value of perfect information $($EVPI$)=$ EPwPI $$ EPw$/$oPI $=\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_.$