Question: Please fully answer and make sure its correct, will upvote if done correctly. Thank you! Bosch is deciding whether to locate a new manufacturing facility

Please fully answer and make sure its correct, will upvote if done

Please fully answer and make sure its correct, will upvote if done correctly. Thank you!

Bosch is deciding whether to locate a new manufacturing facility for its power tools in Brazil or Germany. - At either location, the facility will be designed to be able to produce up to 313,000 units per year. - In Brazil, the annual fixed cost of production is $1.1 million and the profit margin per unit is $33. - In Germany, the annual fixed cost of production is $3.5 million and the profit margin per unit is $46 - The annual demand that will be served by the facility is uncertain - With probability 0.5 the demand will be high at a value of 368,000 units. - Otherwise, the demand will be low at a value of 112,000 units. Draw a decision tree to analyze this problem. - Calculate the expected annual profit if the facility is located in Brazil. - Calculate the expected annual profit if the facility is located in Germany. - Which of the two options does Bosch prefer? Enter the absolute difference between the expected annual profits of the two options. - Carry all calculations to at least 3 decimal places. - Enter your final answer in dollars rounded to the nearest dollar. Bosch is deciding whether to locate a new manufacturing facility for its power tools in Brazil or Germany. - At either location, the facility will be designed to be able to produce up to 313,000 units per year. - In Brazil, the annual fixed cost of production is $1.1 million and the profit margin per unit is $33. - In Germany, the annual fixed cost of production is $3.5 million and the profit margin per unit is $46 - The annual demand that will be served by the facility is uncertain - With probability 0.5 the demand will be high at a value of 368,000 units. - Otherwise, the demand will be low at a value of 112,000 units. Draw a decision tree to analyze this problem. - Calculate the expected annual profit if the facility is located in Brazil. - Calculate the expected annual profit if the facility is located in Germany. - Which of the two options does Bosch prefer? Enter the absolute difference between the expected annual profits of the two options. - Carry all calculations to at least 3 decimal places. - Enter your final answer in dollars rounded to the nearest dollar

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