Question: Time remaining 0:35:50 An operations manager has compiled the information below for 4 manufacturing alternatives (A, B, C and D) that varies by production technology

Time remaining 0:35:50 An operations manager has compiled the information below for 4 manufacturing alternatives (A, B, C and D) that varies by production technology and machinery capacity. All the alternatives have the same level and have the same life span. The 4 natural states represent 4 levels of customer acceptance of the products produced. The values in the table are the net amounts of a future profit in millions of dollars. (20 pts) Natural states 1 3 Alternative A 40 55 60 65 Alternative B 30 50 80 130 Alternative C 70 80 35 65 Alternative D -100 -10 150 220 If the probabilities of natural states 1, 2, 3, and 4 are : 0.2. 0.25, 0.35 and 0.2 respectively, what is the best decision you would make? (use the format: AlternativeXX, DD)

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