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The and Computer Company contentcontent are put the company where we proud new out can het ning madan, mand, or hand. The rates for and we can dos, tres o developed in prostorima Hedium-scale Large-scale Ensin Profit . AV) Low 10 6.30 020 Demand Medium ON 100 60 200 tapetede Media 145 Lary 100 wachawene return to je on ne peut pret Medium Scala c) Campus the variate with the two Round you to whole Variance Large- Sop Hedim.Sale The J.R. Ryland Computer Company is considering a plant expansion to enable the company to begin production of a new computer product. The company's president must determine whether to make the expansion a medium or large-scale project. Demand for the new product is uncertain, which for planning purposes may be low demand, medium demand, or high demand. The probability estimates for demand are 0.20, 0.70, and 0.10, respectively. Letting x and y indicate the annual profit in thousands of dollars, the firm's planners developed the following profit forecasts for the medium and large-scale expansion projects Medium-Scale Large-Scale Expansion Profit Expansion Profit f(x) y fly) Low 50 0.20 0 0.20 Demand Medium 150 0.70 100 0.70 High 200 0.10 300 0.10 (a) Compute the expected value for the profit associated with the two expansion alternatives, Round your answers to whole numbers, if needed. Expected Value Medium-Scale 145 Large-scale 100 Which decision is preferred for the objective of maximizing the expected profit? Medium-Scale (b) Compute the variance for the profit associated with the two expansion alternatives. Round your answers to whole numbers, if needed Variance Medium-Scale 4225 Large-scale 600 Which decision is preferred for the objective of minimizing the risk or uncertainty? Medium-Scale