Question: Q31) Operations Research please quickly 31 From the following table, calculate the EVPI assuming the a good market has a probability of *.0.50 and the

Q31) Operations Research please quickly 31 From

Q31) Operations Research

please quickly

31 From the following table, calculate the EVPI assuming the a good market has a probability of *.0.50 and the bad market probability is 0.50 1 (1 ) Alternative Small Restaurant Large Restaurant No Restaurant State of nature Good market ($) Bad market (S) 8000 JD -4000 JD 10000 JD -8000 JD O JD O JD

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