business owner is evaluating three options: expand to new site M$,$ expand to new site N$,$ or do nothing. The decision process includes the following estimates: Low demand has a $25\%$ probability; medium demand has a $35\%$ probability. If expand to new site M: cost $=$ $$120,000$; revenue for low demand$=$$$200,000$; revenue for medium demand $=$ $$250,000$; revenue for high demand $=$ $$350,000.$ If expand to new site N: cost $=$ $$90,000$; revenue for low demand$=135,000$; revenue for medium demand $=$ $$220,000$; revenue for high demand $=$ $$250,000.$ If do nothing: revenue for low demand$=$$$100,000$; revenue for medium demand $=$ $$135,000$; revenue for high demand $=$ $$180,000.1)$ Construct a decision tree $(3$ points$)2)$ Solve the tree $(3$ points$)3)$ What should this firm decide to do based on the decision tree evaluation? Why? $(0\mathrm{.}5$ point$)4)$ Provide critical thinking on the decision from decision tree evaluation $(1\mathrm{.}5$ points$)4.$ Multiple choices $(1$ point for each$)1)$ Capacity decisions at the strategic level include $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_.$