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A national restoration contractor has $5 million to invest in new software to become more efficient in writing estimates and reducing errors, increasing net profits

A national restoration contractor has $5 million to invest in new software to become more efficient in writing estimates and reducing errors, increasing net profits for the company. There are three products under consideration, each with a cost of $5 million to implement across the company. Which product should be purchased?

Location A:

Probability / Outcome

.50 / 20%

.30 / 9%

.20 / -10%

Location A:

Probability / Outcome

.50 / 20%

.30 / 9%

.20 / -10%

Location C:

Probability / Outcome

.45 / 22%

.50 / 6%

.05 / -15%

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