Using the expected value criterion, identify the best alternative for the following payoff table for these probabilities: low = 0.30, moderate = 0.50, and high = 0.20. POSSIBLE FUTURE DEMAND Alternatives Low Moderate High Small facility $10* $10 $10 Medium facility 7 12 Large facility (4) 2 16 * Net present value in $ millions. 12 1) Calculate expected value under risk. 2) Calculate EVPI. Briefly contextualize (2 sentences or less) why EVPL is important here, especially given what the units stand for