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Howard Weiss, Inc., is considering building a sensitive new radiation scanning device. His managers believe that there is a probability of 0 . 4 0
Howard Weiss, Inc., is considering building a sensitive new radiation scanning device. His managers believe that there is a
probability of that the ATR Co will come out with a competitive product. If Weiss adds an assembly line for the product and ATR Co does not follow with a competitive product, Weiss's expected profit is $; if Weiss adds an assembly line and ATR follows suit, Weiss still expects $ profit. If Weiss adds a new plant addition and ATR does not produce a competitive product, Weiss expects a profit of $; if ATR does compete for this market, Weiss expects a loss of $
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a what is the Expected value for the Add Assembly Line option
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