The following payoff table provides profits based on various possible decision alternatives and various levels of demand at Robert Klassan's print shop:

The probability of low demand is $0\mathrm{.}40,$ whereas the probability of high demand is $0\mathrm{.}60.$

a$)$ The alternative that provides Robert the greatest expected monetary value $($EMV$)$ is

Alternative $1$

Alternative $3$

Alternative $2$