Question: Please answer A.2 and A.3 and show all calculations A.2 Even though independent gasoline stations lave been having a difficult time, Susan Helns tras been

A.2 Even though independent gasoline stations lave been having a difficult time, Susan Helns tras been thinking about stafting her own independent gasoline station. Susan's problem is to decide how large her station should be. The annual returns will depend on both the size of fier station and a number of marketing factors related to the oil industry and demand for gasoline. After it careful aralysis, Susan developod the following table: For example, if Susan constrites n smatl station and the market is good, she willtealize a pritit of $50,000 i) Dexelop 4 decision table for this depision. Whe the one illustrated in Tule An ewion A.3 Clay Whybark. a suft-drink vendor at Hard ted Cafe's annual Rockfest, created a lable of cenditional walues for ths various alternatives (stocking decision) and states of nature isiz: of crow(l): The probabilities assrociated with the states of nature are 0.3 for 3 big demand, 0.5 for an average demand, and 0.2 for a small demans? a) Deternine the alternative that provides Clay Whybark the great est expected monetary valuc (EMV). b) Compute the expected value of perfect information (EVPI)
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