Determine the course of action that has the highest expected payoff for this decision tree. Subcontract Expand Build Small demand (.4) Medium demand (.5) Large demand (.1) Small demand (.4) * Net present value in millions Medium demand (.5) Large demand (.1) Small demand (.4) Medium demand (.5). Large demand (.1) Do nothing Expand Do nothing Expand Build Do nothing Other use #1 Other use # 2 Do nothing Subcontract Build Do nothing Other use #1 Other use #2 Do nothing Other use #1 Other use #2 $1.0" $1.3 $1.3 $1.5 $1.6 $1.8 $0.7 $1.5 $1.0 $1.6 $1.6 $1.5 $1.7 ($0.9) $1.4 $1.0 $1.0 $1.1 $0.9 $2.4

Determine the course of action that has the highest expected payoff for this decision tree