Bakery Products is considering the introduction of a new line of pastries. In order to produce the newline, the bakery is considering either a major or a minor renovation of its current plant. Bill Wicker, head of operations, has developed the following conditional values table: 3"} A. Minor :i Alternatives Favorable Market Unfavorable Market Major renovation $100,000 - $90,000 Minor renovation $40,000 - $20,000 Do nothing $0 $0 Assume that the probability of a favorable market is equal to the probability of an unfavorable market. 3) Choose the appropriate decision tree showing payoffs and probabilities. Favorable 1007000 3' Favorable 1001000 Unfavorable 90 000 Unfavorable 90 000 Favorable 40'000 Favorable 40'000 Unfavorable (0-5) 40,000 Unfavorable (0-5) -20.000 Do nothing 0 Favorable 100900 D' Favorable 1007000 Unfavorable (0-5) 90 000 Unfavorable (1) _90 000 Favorable 0.5 40,000 , Favorable 1 40,000 Minor Unfavorable (0-5) 20,000 Unfavorable (1) 20.000 0 Do nothing 0 Do nothing