HowardWeiss, Inc., is considering building a sensitive new radiation scanning device. His managers believe that there is a

probability of 0.40 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 competitiveproduct, Weiss's expected profit is $40,000; if Weiss adds an assembly line and ATR followssuit, Weiss still expects $10,000 profit. If Weiss adds a new plant addition and ATR does not produce a competitiveproduct, Weiss expects a profit of $600,000; if ATR does compete for thismarket, Weiss expects a loss of $100,000.

a) Expected value for the AddAssemblyLine option= 28000

b) Expected value for the BuildNewPlant option= 320,000

c) The alternative that provides Weiss the greatest expected monetary value is Build New Plant

The value of the return under this decision is $?