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In this scenario, each of you work for Go-Slow Industries, which is a large organization spread out across multiple plant locations that produce door-stopping devices

In this scenario, each of you work for Go-Slow Industries, which is a large organization spread out across multiple plant locations that produce door-stopping devices called widgets. You are the senior manager of global operations and supply chain management at Go-Slow Industries and are being asked by your director to answer the guiding tasks below and present your findings to the executive management teams quarterly off-site meeting.

2) Go-Slow Industries Decision Table

Which decision alternative maximizes the expected value of the payoff?

Decision Probability 0.2 0.5 0.3
Alternatives Low Medium High
A $40 $100 $60
B $85 $60 $70
C $60 $70 $70
D $65 $75 $70
E $70 $65 $80

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