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1. A company has fixed costs of $1,600 per month and a selling price of $120 per unit. For an output level of 130 units,

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A company has fixed costs of $1,600 per month and a selling price of $120 per unit. For an output level of 130 units, and a required gross profit of $6,720, the variable cost per unit is $Consider the following decision sub-tree where payoffs are profits: $2400 B $3600 A d.e. $2400 0.5 C $5600 a) The expected value at node B, EV(B) is $ b) If P($1) = 0.17, then the expected value at node C, EV(C') is $ c) If P($1) = 0.17, then the expected value at node A, EV(A) is $The following results were obtained in a decision problem where payoffs are profits: EVSI EVwithPI 730 4580 If the efficiency of sample information is 25%, what is the maximum expected monetary value? Maximum EMV = > Next

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