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 Small facility $10* Medium facility 7 Large facility (4) *Net present value in $ millions. Moderate $10 12 2 High $10 12 16 1) Calculate expected value under risk. 2) Calculate EVPI. Briefly contextualize (2 sentences or less) why EVPI is important here, especially given what the units stand for