Consider a manufacturer of perfume who is about to expand production capacity to make a new product. Three alternative production processes are available. The following table shows the estimated profits (in $) for these processes for each of the three possible demand levels for the product. Alternatives States of Nature Low demand Moderate demand High demand A 100,000 350,000 900,000 B 150,000 400,000 700,000 C 250,000 400,000 600,000 Suppose that the manufacturer assigns prior probabilities of 0.20 to low demand, 0.30 to moderate demand and 0.50 to high demand. Based on the above information, what is the expected opportunity loss (EOL) for production process B