Problem 55-5 (Static) Compute the expected payoffs for each alternative shown in the following decision tree (Values in the tree are in millions. Use the same format, rounding to 2 decimals, to enter your answers.) $1.0" $1.3 Do nothing Smal demand) Expand $13 Medium demand Large demand 1.1) $1.5 Do nothing Expand $1.6 Build $1.8 Subcontract $0.7 Do nothing Other use 81 $1.5 Other use 2 $1.0 Smal demand Expand Medium demand 6.60 Large demand (1) $1.0 Do nothing Subcontract $1.5 Build $1.7 Build $0.91 Do nothing Other use 81 $1.4 Other use 82 Small demand 14 51.0 Medium demand. $1.0 Large domand (1) Do nothing Other use 1 $1.0 Other use 2 $0.9 * Net present value in millions $2.4 EVsubcontract Evexpand EVbuild Build has the highest expected payoff