Question: please also include a decision tree diagram A solar panel production factory is located in an area subject to occasional flooding. You have been brought
A solar panel production factory is located in an area subject to occasional flooding. You have been brought in as a consultant to determine whether flood-proofing of the building is economically justified. The alternatives are as follows: - Option A. Do nothing. Damage in a moderate flood is $10.000 and in a severe flood, \$25,000; - Option B. Install the stormwater pump at a cost of $15,000 to withstand moderate flooding without damage and to withstand severe flooding with $10,000 damages; - Option C. Install the stormwater pump and upgrade the sewage system at a cost of $30,000 to withstand a severe flood without damage; Based on the above information, solve the problem 1 and 2. Question 1 5 pts In any year, the chance of no flooding is 0.23 and the chance of moderate flooding is 0.46 A solar panel production factory is located in an area subject to occasional flooding. You have been brought in as a consultant to determine whether flood-proofing of the building is economically justified. The alternatives are as follows: - Option A. Do nothing. Damage in a moderate flood is $10.000 and in a severe flood, \$25,000; - Option B. Install the stormwater pump at a cost of $15,000 to withstand moderate flooding without damage and to withstand severe flooding with $10,000 damages; - Option C. Install the stormwater pump and upgrade the sewage system at a cost of $30,000 to withstand a severe flood without damage; Based on the above information, solve the problem 1 and 2. Question 1 5 pts In any year, the chance of no flooding is 0.23 and the chance of moderate flooding is 0.46
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