mules on si Manufacturing Company must make a decision regarding the level of sales and dedication to a new product. re are 2 possible decisions to be evaluated. potential Profit from each decision alternative depends on the market acceptance which may be high, mediu ow. If market acceptance is high, each of the two decision alternatives, dl and d2, will yield a profit of 380 an 0. If it is medium, the payoffs are 350 and 130 thousand dollars respectively. If the demand turns out to be low, n the profits will be 120 and 90 thousand dollars respectively. e prior probability estimates of demand to be high, medium and low are 0.7, 0.1 and 0.2 respectively. e company first needs to decide whether to run the market research study to obtain more accurate information garding the future demand levels or not. Graph the decision tree and place the probabilities and payoffs on it (10 points) P(low | F) = 0.25 P(low | U) = 0.45 P(High) = 0.7 F) = 0.75 P(medium | U) = 0.4 P(medium) = 0.1 P(medium | F) = 0.2 P(Low) = 0.2 (U) = 0.25 P(High | F) = 0.55 P(High | U) = 0.15