Howard Weiss. Inc. Is considering building a sensitive new radiation scanning device. His managers believe that there is a probability of 0.35 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 550,000 , if Weiss adds assembly line and ATR follows suit. Weiss still expects $15,000 profit. If Weiss adds a new plant addition and ATR does rot produce a competitive product. Weiss expects a profit of $600,000 : if ATR does compete for this market, Weiss expects a loss of $80.000 a) Expected value for the Add Assembly Line option = $ (enter your answer as a whole number). Expected value for the Build New Plant option =$ (enter your answer as a whole number). The allernative that provides Weiss the greatest expected monetary value (EMV) is The value of the return under this decision is 5 (enter your answer as a whole number) b) The expected value of perfect information (EVPI) for Weiss = $ (enter your answer as a whole number) titive product, Weiss's expected profit is $50,000; if Weiss adds an ects $15,000 profit. If Weiss adds a new plant addition and ATR pects a profit of $600,000; if ATR does compete for this market, (enter your answer as a whole number). (enter your answer as a whole number). xpected monetary value (EMV) is (enter your answer as a whok for Weiss =s (enter your ans Build New Plant: Add Assembly Line