Edward recently graduated from university and is planning to do his business. To open the business he needs a team specialized in printing. There are different teams and you need to make a decision which one is the best decision. The alternatives are in the following table.

Solve low-risk decisions.

1. Calculate the Expected Monetary Value. The favorable market probability is .60. The unfavorable market probability is .40.

2. Calculate the expected value of the perfect information (EVPI).

3. Calculate the expected value with the perfect information (EVwPI).

4. Calculate the Expected Opportunity Loss (EOL)

Thank you so much.

Equipo de imprenta Xerox HP Epson Mercado Favorable 280000 190000 92000 Mercado Desfavorable -220000 -150000 -25000