Please answer the following questions:

QUESTION 1 Decision Analysis Without SI - 3 The next 4 questions refer to the following situation: In the provided blank, Insert the letter that corresponds to the correct answer. For example, It the correct answer Is "3) 1.990 ", Insert only "a" as the correct answer. Tatum Corporation's decision to produce a new line of sport products resulted in the need to construct either a small factory or a large factory. Prots, in thounsands, critically depends on how the marketplace reacts to the new product line. The administration has decided to View the possible long-run demand as low, medium, and high with the following probabilities P(LDW) = 0.20, P(M2dium) = 0.40, and P(High) = 0.40 Di \\ Ej Demand is Demand is Demand is Factory Size Low Medium High Small 100 150 250 Large 50 200 400 |. Compute the maximum expected monetary value. The letter associated with the correct answer is a) 21 8 b) 250 c) 290 d) 350 e) None of the above ll. What is the best payoff Value it the long-run demand is Medium? The letter associated with the correct answer is a) 50 b) 100 c) 150 d) 200 6) None of the above lll. Compute the regret associated with a large factory and a low demand. The letter associated with the correct answer is a) O b) 50 c) 100 a) 150 e) None of the above IV. Compute the minimum expected opportunity loss value. The letter associated with the correct answer is a) o b) 4 c) 10 d) 20 e) None of the above