I. List the trade-offs you would consider for each of these decisions and choose a final alternative per number. 1. Speaking up in class versus waiting to be called on by your instructor. 2. Face to face class versus pure E-learning II. A firm has a plan to expand its product line and encounter two alternatives. If it builds a small facility and demand is low, the net present value after deducting for building costs will be 500,000. If demand is high, the firm can either maintain the small facility or expand it. Expansion would have a net present value of 550,000, and maintaining the small facility would have a net present value of 100,000. If a large facility is built and demand is high, the estimated net present value is 900,000. If demand turns out to be low, the net present value will be -20,000. The probability that demand will be high is estimated to be 0.60. Requirements: a. Analyze using a decision tree and identify what is the best alternative. b. Construct a payoff table and identify which alternative to choose under maximin, maximax, laplace and minimax regret