Question: Please give me an answer for small facility as well. 20. A retailer is planning to build a facility at a new location, and the

Please give me an answer for small facility as well.

20. A retailer is planning to build a facility at a new location, and the following decision tree is used to make its decision. The forecasted payoffs are shown in the figure. $250K Low demand Do not expand $283K High demand 2 Small facility Expand $324K Do not advertise $8OK Large facility Modest response SZOK 3 Low demand Advertise Sizable response $233K High demand $360K The probabilities of low demand and modest response are 0.3 and 0.6, respectively. Then, what is the payoff when the retailer decides to build a large facility? Answer in thousands of dollars without the dollar sign (eg. $999,000 (x), $999 (), 999K (), 999 (O))

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