he operation depends on future demand. The annual cost of each option (in thousands of dollars) depends on demand as follows. EV(Ownstaff)EV(Outsidevendor)EV(Combination)=$=$=$ The decision alternative that minimizes the expected cost is [ |. The expected annual cost associated with this recommendation is $ (b) Construct a risk profile for the optimal decision in part (a). (Submit a file with a maximum size of 1 MB.) No file chosen What is the probability of the cost exceeding $750,000