Question: ( Using the same problem ) A vendor for the local ballpark food stand is questioning whether to stock his concession with a large or

(Using the same problem) A vendor for the local ballpark food stand is questioning whether to stock his concession with a large or small inventory. He believes that it will depend
upon the size of the crowd. He has developed a payoff matrix for the various alternatives (stocking decision) and states of nature (size of crowd). What is the Expected Value of
Perfect Information (EVPI)?
A) $68,400
B) $78,400
C) $10,000
D) $20,000
E) $51,500
 (Using the same problem) A vendor for the local ballpark food

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