rwhich tender should it submit?

Question 4 (15 pts): H.J. Symonds Haulage Contractors bids for a long term contract to move newspapers from a printing works to wholesalers. It can submit one of three tenders: a low one that assumes newspaper sales will increase and unit transport costs will go down; a medium one that gives a reasonable return if newspaper sales stay the same; or a high one that assumes newspaper sales will decrease and unit transport costs will go up. The probabilities of newspaper sales and profits (in thousands of pounds) for the firm are shown in the following table. Based on this information, which tender should it submit? Show this decision situation schematically on a decision tree. Newspaper sales decrease stay the same p=0,4 P=0.3 Low tender 10. 15 16 Alternative Medium tender 20 10 High tender 18 10 -5 increase p-0,3 5 1