Question 4 20 points Save Answer Question 5: A plant manager considers the operational cost per hour of five machine alternatives. The cost per hour is sensitive to three potential weather conditions: cold, mild, and warm. The following table represents the operations cost per hour for each alternative-state of nature combination: States of Nature Alternatives Weather-related cost per hour EMV Cold cost/day Mild cost/day Warm cost/day Machine 1 $42 $40 $45 Machine 2 $45 $42 $47 Machine 3 $40 $35 $54 Machine 4 $60 $30 $48 Machine 5 $45 $40 $45 ? 0.3 0.5 0.2 Assume that for a randomly selected day, there is a 30% probability of cold weather, 50% probability of mild weather, and 20% probability of warm weather. What is the EVPI