A builder found a piece of land to build a project there. The land is currently zoned to build four (6) homes per acre, but the developer plans to apply for rezoning. What he builds will depend on the approval of the application and his analysis of this problem to advise him. The land has 250 acres at a cost of US$2.3 million. In addition, there is a 70% consensus to get approval to rezoning. If the land is rezoned, there will be additional costs of US$1.0 million for the construction of the sidewalks and signage for the new building lots. If the land is rezoned, the contractor may choose to build a shopping center or 1,800 apartment. In the case of the shopping center, there is a 70% probability that it can be sold to a large department store chain for US$5.6 million over the construction cost, excluding the land; or you could sell it to an insurance company for US$6.2 MM. If you choose to build the 1,800 apartments, there is a 60% chance that you can sell them to a real estate investment firm for US$3,800 each on the cost of construction; or failing that, you could get just $2,800 in direct sales for each over the cost of construction (excluding the cost of land). If the land is not rezoned, you will have to abide by current zoning restrictions and simply build single-family homes on which you expect to net about $4,800 each over your cost to build (not counting the cost of the land). .

Draw a problem decision tree manually to upload as evidence and perform the necessary calculations to determine the best solution and expected net profit. You must record the name of the alternative to be selected and the optimal value reached.