make a decision tree

10 pts D Question 1 A solar panel production factory is located in an area subject to occasional flooding You have been brought in as a consultant to determine whether flood-proofing of the building is economically justified. The alternatives are as follows: Option A. Do nothing. Damage in a moderate flood is $10,000 and in a severe flood, $25,000 Option B. Install the stormwater pump at a cost of $15,000 to withstand moderate flooding without damage and to withstand severe flooding with $10,000 damages: Option C. Install the stormwater pump and upgrade the sewage system at a cost of $30,000 to withstand a severe flood without damage: In any year, the probability of flooding is as follows: 50% of the chance with no flooding, 40% of the chance with moderate flooding, and 10% of the chance with severe flooding Draw a decision tree diagram based on the above information and determine which option do you recommend? (10 points) Upload Choose a File 10 pts D Question 1 A solar panel production factory is located in an area subject to occasional flooding You have been brought in as a consultant to determine whether flood-proofing of the building is economically justified. The alternatives are as follows: Option A. Do nothing. Damage in a moderate flood is $10,000 and in a severe flood, $25,000 Option B. Install the stormwater pump at a cost of $15,000 to withstand moderate flooding without damage and to withstand severe flooding with $10,000 damages: Option C. Install the stormwater pump and upgrade the sewage system at a cost of $30,000 to withstand a severe flood without damage: In any year, the probability of flooding is as follows: 50% of the chance with no flooding, 40% of the chance with moderate flooding, and 10% of the chance with severe flooding Draw a decision tree diagram based on the above information and determine which option do you recommend? (10 points) Upload Choose a File