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ABC Company, a soft-drink vendor, has created a table of payoffs for three stocking decisions for three different states of nature: Alternatives States of Nature

ABC Company, a soft-drink vendor, has created a table of payoffs for three stocking decisions for three different states of nature: Alternatives States of Nature Low Demand Medium Demand High Demand Large Stock $300 $400 $600 Medium Stock $200 $400 $500 Small Stock $300 $300 $500 Probability 0.3 0.3 0.4 The probabilities of each of the states of nature are provided in the table. What is the EMV of the best decision

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