I don't know ehat information exactly you are wanting when i did provide multiple puctures with information but I'll reupload the pictures

Embassy Publishing Company received a she chapter manuscript for a new colege textbook. The editor of the college division is familiar with the manuscript and estimated a 0.6507 probability that the textbook will be successful. If successful, a profit of $150,000 will be realized. If the company decides to publish the textbook and it is unsuccessful, a loss of $150,000 will occur. Before making the decision to accept or reject the manuscript, the editor is considering sending the manuscript out for review. A review process provides either favorable) or an unfavorable (U) evaluation of the manuscript Past experience with the review process suggests probabilities ) - 0.7 and U) - 0.3 apply. Lets - the textbook is successful and - the textbook is cssful. The editor's initial probabilities of , and will be revised based on whether the review is favorable or unfavorable. The revised probabilities are as follows: Pin - 0.75 - 0,23 PI) - 6419 Plu) - 0.3 (*) Construct a decision treasuming that the company will fint make the decision of whether to send the manuscript out for review and then the decision to accept or reject the manuscript. (For each blank, enter the probability associated with the event.) Decision Tree Description Succes 850 Accept 150 Favorsble Beat Prvi 3150 ACERO Failure 150 O Sus 850 ACC -150 Do Review (b) Assuming the manuscript review process is free, using the expected value approach, determine the optimal decision strategy. O Always reject. Do not review, and accept. Review, and then always accept. O Review, and then accept if favorable or reject if unfavorable. Always accept (C) If the manuscript review costs $5,000, what is your recommendation? Always reject. O Do not review, and accept. O Review, and then always accept. Review, and then accept of favorable or reject if unfavorable. Always accept (d) What is the expected value of perfect information (in $)? EVPI - $ What does this EVPI suggest for the company? This EVPI suggest a better procedure for assessing the market potential for the textbook may be -Select- Embwysing company received-cater macript for a new college textbook. The editor of the college division is familiar with the manuscript and estimated a 0.6507 probability that the tothook wel be sucul successful, profit of $850,000 will be reared. If the company decides to publish the textbook and it is unsuccessful loss of $150,000 will occur Before making the decision to accept or reject the manuscript, the editor is considering sending the marrigt out for review. A review proces provides either a favorable or an unfavorable ution of the manuscript.ast experience with the review process suggests probable -0.7 and RU) - 0.3 apply. Lats - the textbook successful and - theo The editor's initial probabies of and will be revised based on whether the review is favorable or unfavorable. The revised probabies are as follows: 4,1) - 0.7 P = 0.33 ,-0.45 -0.381 .) Constructed on tree suming that the company will make the decision of whether to send the manuscript out for review and then the decision to accept or reject the manuscript for each blank, enter the probability associated with the event.) Decors Tree Description Succes Failure - 150 Are -10 150 DAN (b) Assuming the manuscript review process is free, using the expected value approach, determine the optimal decision strategy O Always reject. Do not review, and accept. O Review, and then always accept. O Review, and then accept it favorable or reject if unfavorable. Always accept (c) If the manuscript review costs $5,000, what is your recommendation? Always reject. Do not review, and accept. Review, and then always accept. Review, and then accept if favorable or rejectif unfavorable. Always accept (d) What is the expected value of perfect information (in $)? EVPI = 5 What does this EVPI suggest for the company? This EVPI suggest a better procedure for assessing the market potential for the textbook may be --Select- Embassy Publishing Company received a she chapter manuscript for a new colege textbook. The editor of the college division is familiar with the manuscript and estimated a 0.6507 probability that the textbook will be successful. If successful, a profit of $150,000 will be realized. If the company decides to publish the textbook and it is unsuccessful, a loss of $150,000 will occur. Before making the decision to accept or reject the manuscript, the editor is considering sending the manuscript out for review. A review process provides either favorable) or an unfavorable (U) evaluation of the manuscript Past experience with the review process suggests probabilities ) - 0.7 and U) - 0.3 apply. Lets - the textbook is successful and - the textbook is cssful. The editor's initial probabilities of , and will be revised based on whether the review is favorable or unfavorable. The revised probabilities are as follows: Pin - 0.75 - 0,23 PI) - 6419 Plu) - 0.3 (*) Construct a decision treasuming that the company will fint make the decision of whether to send the manuscript out for review and then the decision to accept or reject the manuscript. (For each blank, enter the probability associated with the event.) Decision Tree Description Succes 850 Accept 150 Favorsble Beat Prvi 3150 ACERO Failure 150 O Sus 850 ACC -150 Do Review (b) Assuming the manuscript review process is free, using the expected value approach, determine the optimal decision strategy. O Always reject. Do not review, and accept. Review, and then always accept. O Review, and then accept if favorable or reject if unfavorable. Always accept (C) If the manuscript review costs $5,000, what is your recommendation? Always reject. O Do not review, and accept. O Review, and then always accept. Review, and then accept of favorable or reject if unfavorable. Always accept (d) What is the expected value of perfect information (in $)? EVPI - $ What does this EVPI suggest for the company? This EVPI suggest a better procedure for assessing the market potential for the textbook may be -Select- Embwysing company received-cater macript for a new college textbook. The editor of the college division is familiar with the manuscript and estimated a 0.6507 probability that the tothook wel be sucul successful, profit of $850,000 will be reared. If the company decides to publish the textbook and it is unsuccessful loss of $150,000 will occur Before making the decision to accept or reject the manuscript, the editor is considering sending the marrigt out for review. A review proces provides either a favorable or an unfavorable ution of the manuscript.ast experience with the review process suggests probable -0.7 and RU) - 0.3 apply. Lats - the textbook successful and - theo The editor's initial probabies of and will be revised based on whether the review is favorable or unfavorable. The revised probabies are as follows: 4,1) - 0.7 P = 0.33 ,-0.45 -0.381 .) Constructed on tree suming that the company will make the decision of whether to send the manuscript out for review and then the decision to accept or reject the manuscript for each blank, enter the probability associated with the event.) Decors Tree Description Succes Failure - 150 Are -10 150 DAN (b) Assuming the manuscript review process is free, using the expected value approach, determine the optimal decision strategy O Always reject. Do not review, and accept. O Review, and then always accept. O Review, and then accept it favorable or reject if unfavorable. Always accept (c) If the manuscript review costs $5,000, what is your recommendation? Always reject. Do not review, and accept. Review, and then always accept. Review, and then accept if favorable or rejectif unfavorable. Always accept (d) What is the expected value of perfect information (in $)? EVPI = 5 What does this EVPI suggest for the company? This EVPI suggest a better procedure for assessing the market potential for the textbook may be --Select