Question: The following payoff table provides profits based on various possible decision alternatives and various levels of demand at Robert Kansas's print shops 20.37 Point: 45

The following payoff table provides profits based on various possible decision alternatives and various levels of demand at Robert Kansas's print shops 20.37 Point: 45 of 9 Demand Low High $8,000 $24,000 $4.000 $40.000 - $1.500 $52.000 Decision Alternative 1 Alternative 2 Alternative 3 The probability of low demand is 0.45, whereas the probability of high demand is 0.55 a) The alternative that provides Robert the greatest expected monetary value (EMV) is Alternative 3 The EMV for this decision is $ 27925 (enter your answer as a whole number) b) The expected value with perfect information (EVP) = $ 32200 (enter your answer as a whole number). c) The expected value of perfect information (EVPI) for Robert = $(enter your answer as a whole numbers a =

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