Question: Question ( 1 ) : Choose the most correct answer for the following statements And explan how to get the correct answer by steps Problem

Question (1): Choose the most correct answer for the following statements And explan how to get the correct answer by steps
Problem 1: Mohamed is about to install a new machine for making parts for domestic appliances. He has three alternative machines to choose from (with no option for doing nothing).
Machine 1: it automatically produces parts of acceptable, but not outstanding, quality. The output from the machine varies (depending on the materials used and a variety of settings) and might be 1,000 a week (with probability 0.1),2,000 a week (with probability 0.7) or 3,000 a week. The notional profit for this machine is $8 a unit.
Machine 2: it makes higher quality parts. The output from this might be 700 a week (with probability 0.4) or 1,000 a week, with a notional profit of $20 a unit.
Machine 3: it can be set to produce either 1,300 highquality parts a week at a profit of $12 a unit, or 1,600 medium quality parts a week with a profit of $10 a unit.
If the machine produces 2,000 a week, Mohamed can export all production as a single bulk order. Then there is a 60% chance of selling this order for 50% more profit, and a 40% chance of selling for 50% less profit.
(1)
EMV (node 1)=..........
A)17,600,
B)20,000,
C)17,650,
D)16,700,
E)17,610,
 Question (1): Choose the most correct answer for the following statements

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