please show work

what would you recommend that the manager should purchase? why?

suppose that there is a perfect information that tells gas prices forcast. calculate the value of the perfect info. evpi

2. Miles is considering buying a new pickup truck for his lawn service firm. The economy in town seems to be growing, and he is wondering whether he should opt for a subcompact, compact, or full-size pickup truck. The smaller truck would have better fuel economy, but would sacrifice capacity and some durability. A friend at the Bureau of Economic Research told him that there is a 25% chance of lower gas prices in his area this year, a 30% chance of higher gas prices, and a 45% chance that gas prices will stay roughly unchanged. Based on this information, Miles has developed a decision table that indicates the profit amount he would end up with after a year for each combination of truck and gas prices. Truck Subcompact Compact Full size $100 Lower gas prices 50 -20 $90 Gas prices unchanged 170 100 $70 Higher gas prices 90 300