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Minimum EOL Method. Show your Opportunity loss table ( regret table ) and EOLs down here: Regret Table ( show your calculations ) : Product

Minimum EOL Method.
Show your Opportunity loss table (regret table) and EOLs down here:
Regret Table (show your calculations):
Product alternatives Market Conditions Expected Values (EOLs)
Favorable Stable Unfavorable
0.20.70.1
Widget
Hummer
Nimnot
The value of minimum EOL=________________.
The best alternative as the decision is : _______________.
(c)(show your calculations)
Expected payoff without perfect information (EPw/oPI)=________________________________________________.
Expected payoff with perfect information (EPwPI)=__________________________________________________.
Expected value of perfect information (EVPI)= EPwPI EPw/oPI =________________________________________.

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