5) Assume = 0.6.If ABC uses the criterion of realism what will the payoff be?

W PROBLEM C: The ABC Grocery Store is considering three options for its facility next year. ABC can expand its current store, move to a larger facility, or make no change. With a good market, the annual payoff would be $52 if ABC expands, $68 if it moves, and $24 if it does nothing. With an average market his payoffs would be $20, $32, and $8, respectively. With an poor market his payoffs would be -$10, -$32, and $2, respectively. In addition, ABC found from doing research that the probability of good, average, and bad years, are, respectively, 25%, 45%, and 30%. Use the paragraph given on the packet to answer this