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(a) Determine the initial production capacity that Piraeus Technology should choose, and compute the resulting ENPV of producing and selling at that level. (15 points)

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(a) Determine the initial production capacity that Piraeus Technology should choose, and compute the resulting ENPV of producing and selling at that level. (15 points) (b) Calculate whether the market survey should be commissioned, and comment on any reservations you might have relating to the use of expected values as an aid in decision- making. (15 points)

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