Question: SHOW WORK PLS Compute the expected payoffs for each alternative shown in the following decision tree. (Values in the tree are in millons. Use the

SHOW WORK PLS
SHOW WORK PLS Compute the expected payoffs for
SHOW WORK PLS Compute the expected payoffs for
Compute the expected payoffs for each alternative shown in the following decision tree. (Values in the tree are in millons. Use the same format, rounding to 2 decimals, to enter your answers.) 31.3 Do nothing Smat demand) Expand 31.3 Medium demand 67 Large demand (1) $1.5 Do nothing Expand $1.6 Build 51.8 Subcontract $0.7 Do nothing Other uso 1 $1.5 Other use 2 $1.0 Small demand (4) Expand Medium demand (5) $1.6 Large demand (1) $1.0 Do nothing Subcontract $1.5 Build $1.7 Build ($0.91 Do nothing Other use #1 $1.4 Other use #2 $1.0 Small demand (4) Medium demand (.5) $1.0 Do nothing Large demand Other use #1 $1.1 Other use #2 $0.9 Expand Medium demand (5) Help 51.6 Large demand (1) Do nothing 51.0 Subcontract $1.5 Build Build $1.2 Do nothing 1$0.9) Other use 1 $1.4 Other use #2 Small demand (A) Medium demand 1.5) $1.0 $1.0 Large demand (1) Do nothing Other use 81 $1.1 Other use 12 $0.9 Net present value in millions $2.4 EVsubcontract EVexpand EVbuild Thus, has the highest expected payoff

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