A small parts manufacturer has just engineered a new product for the automotive industry. In order to produce the part the company can expand existing facilities, acquire a competitor, or subcontract production. The company believes the product will either experience high market demand or low market demand. The following payoff table describes the company's decision situation.

$\backslash$table$[[,$States of Nature,$],[$Decision$,$High Demand,Low Demand$],[$Expand Facilities,$$2,000,000,-1,250,000$