Portal $|$ Manecision Analysis $-$ Homew$1($Algonthmic$)5($Algornthmic$)$v$2.$oengagenow.com$/$ilmVtakeAssignment$/$takeAssignmentMain$.$do$?$invoker$=$&takeAssignmentSessionLocator Binprogress$=$false$3($Algorithmic$)($Algorithmic$)$temsre to searchwsXI BUS$-660$ Class ResourcesxcSmall com plex, dDecision Alternative Strong Demand Si Weak Demand SMedium complex, d$2$Large complex, dyCengageNOWv$2|$ Online teachi X Ebooks $-$ Cengage eftesderdeision.Suppose PDC is optimistic about the potential for the luxury high$-$rise condominium complex and that this optimism leads to an initial subjectiveprobability assessment of $0\mathrm{.}8$ that demand will be strong $($S$1)$ and a corresponding probability of $0\mathrm{.}2$ that demand will be weak $($S$2).$ Assume thededsion alternative to build the large condominium complex was found to be optimal using the expected value approach. Also, a sensitivity analysis wascon ducted for the payoffs associated with this decision alternative. It was found that the large complex remained optimal as long as the payoff for thestrong demand was greater than or equal to $$15\mathrm{.}75$ millon and as long as the payoff for the weak demand was greater than or equal to $-$$$22$ million.a$.$ Consider the medium complex decision. How much could the payoff under strong demand increase and still keep decision alternative dy the optimalsolution?If required, round your answer to two decimal places.State of Nature$1219$The payoff for the medium complex under strong demand remains less than or equal to mlion, the large complex remains the bestR$5$b$.$ Consider the small complex decision. How much could the payoff under strong dem and increase and still keep decision alternative ds the optimalsolution? $1$If required, round your answer to two deimal places.The payoff for the small cornplex under strong demand remains less than or equal todeision.GBHX$+$J$8$MKmillion, the large complex remains the best$6\backslash$deg F Mostly cloudyPreviousnsgrtnterNextbackspnce$1$shift$83$ PMV$17/2024$ort serdeletehormeend