practice so that workers can readily collect the information with little additional effort. An unknown factor is the caseload for the

coming year when the new data will be collected on a trial basis. The estimated costs for various options and caseloads are shown in

the following table:

${?}^{**}$ Cost in $ thousands.

After contemplating the caseload question, the director of social services has decided that reasonable caseload probabilities are $0\mathrm{.}10$

for moderate, $0\mathrm{.}40$ for high, and $0\mathrm{.}50$ for very high.

a$.$ Which alternative will yield the minimum expected cost?

Reassign

Redesign

New Staff

b$.$ Determine the expected value of perfect information using an opportunity loss table. $($Round your answers to the nearest whole

number. Leave no cells blank $-$ be certain to enter $"0"$ wherever required.$)$