increased demand for self-storage options, PublicStorage is looking to expand its current availability in the Montclair area. At this time, PublicStorage has the following options to build a new facility off of Route 46, expanding its current site, or simply do nothing and potentially turn away demand. Analysts believe that there will be a 35% chance of a strong market for self storage, a 45% chance that the market will remain stable, and a 20% chance that the market will decline. Accordingly, PublicStorage believes that their expected profit for the upcoming fiscal year will be as follows under each market scenario: Strong Market Stable Market Declining Market New Facility $720.000 ($110,000) ($500,000) Expand Current 440.000 (50 000) (95.000) Facility Do Nothing 125.000 (50,000) USE THE DRAWING TOOLS IN WORD OR POWERPOINT (OR EXCEL ADD-IN TREEPLAN), CREATE AND SOLVE THE DECISION TREE. UPLOAD THE FILE CONTAINING THE SOLUTION HERE. a. Use a decision tree analysis to analyze these decision alternatives. b. Based on your analysis, what decision should PublicStorage pursue? c. Given your recommendation, what would their expected annual profit be? Upload Choose a File