Please use mangment scientist PLEASE

1. Using The Management Scientist and the data below, develop the decision outcomes for the optimiste, conservative, regret, and EVPI decision analysis approaches. A construction form is contemplating building a new plant in another city. Considering the state of ware of the market conditions (favorable or favorable), the issue is whether to build a large plant, a small plant, or do nothing (no plant). PAYOFF TABLE (max) Alternatives Market Conditions Favorable Market(5) Unfavorable Market(S) S3 W.000 dl Construct a large plant d. Construct a small plant d3 Do nothing 119.000 -8,900 -22,700 2. In your Explanatory paragraph. explain the best outcome and why you chose that one from among the optimiste, conservative, regret, and EVPI decision approaches in Standard English answer the followmg questions Do we build a plant? If so, which one! What is the value of the EVPI? Then reinoint iker won that the main in 11