Lakeshore Manufacturing must decide whether to set their production capacity next quarter to small, medium or large while hoping that a looming employee strike will not actually materialize. Their projected annual profits $('Uj depend on the event of the strike as follows: mm Part A 1. What is the best expected payoff and the corresponding decision using the Expected Monetary Value {EMU} approach? $mm- 2. What is the expected value of perfect information {EVPI}