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Please help Subway is about to open a new store. Three locations are under consideration, with possible out shown in the table below. The three

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Subway is about to open a new store. Three locations are under consideration, with possible out shown in the table below. The three states of demand have different probabilities as presented in Demand Location | Low (30%) |Medium (45%) |High (25%) Large 15 40 70 Medium 20 35 55 Small 25 30 50 Answer the following two questions. Which decision gives the highest expected monetary value? A. Small B. Medium What is the expected value of perfect information? C. Large D. Small or Large E. Small or Medium F. Medium or Large G. 3 H . 5 1. 6 1.JPG O o ch Eli Home End IX F6 F8 F9 F2 F3 F4 LA & 4 5 6 7 8 O m R T Y U O

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