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Deborah Hollwager, a concessionaire for the Amway Center in Orlando, has developed a table of conditional values for the various alternatives (stocking decision) and states

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Deborah Hollwager, a concessionaire for the Amway Center in Orlando, has developed a table of conditional values for the various alternatives (stocking decision) and states of nature (size of crowd): Probabilities associated with the states of nature are 0.35 for a large crowd, 0.50 for an average crowd, and 0.15 for a small crowd. a) The alternative that provides Deborah the greatest expected monetary value (EMV) is Average Inventory The EMV for this decision is $ (enter your answer as a whole number). b) For Deborah, the expected value of perfect information (EVPI) =$ (enter your answer as a whole number)

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