Question: Probability Demand S 1 S 2 S 3 Low 0 . 1 0 2 0 - 1 0 - 1 4 0 Medium 0 .

Probability Demand S1 S2 S3 Low 0.1020-10-140 Medium 0.50607030 High 0.4060110210
A) Determine the EMV?
B) Draw a Decision tree?
Choose the best alternative out the three, among
S1: Sub Contract
S2: Overtime
S3: New Setup
Through both methods
Note:-It is mandatory to draw a decision tree.
Probability Demand S 1 S 2 S 3 Low 0 . 1 0 2 0 -

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