Please complete all 3 as they are quick and easy. Will upvote once finished. Thanks! b. p .8 d. p>.667 Lakewood Fashions must decide how

Please complete all 3 as they are quick and easy. Will upvote once finished. Thanks!

b. p<.667 c. p>.8 d. p>.667 Lakewood Fashions must decide how many lots of assorted ski wear to order for its three stores. Information on pricing, sales, and inventory costs has led to the following profit table, in thousands. The probabilities of low, medium, and high demand are 0.2,0.4, and 0.4, respectively. How much additional expected value could be obtained if perfect information were available? Select one: a. 13.40 b. 39.20 c. 1.20 thousands. What decision should be made using a conservative approach? Select one: a. 1 lot b. 2 lots c. 3 lots b. p<.667 c. p>.8 d. p>.667 Lakewood Fashions must decide how many lots of assorted ski wear to order for its three stores. Information on pricing, sales, and inventory costs has led to the following profit table, in thousands. The probabilities of low, medium, and high demand are 0.2,0.4, and 0.4, respectively. How much additional expected value could be obtained if perfect information were available? Select one: a. 13.40 b. 39.20 c. 1.20 thousands. What decision should be made using a conservative approach? Select one: a. 1 lot b. 2 lots c. 3 lots