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Q1. An innovative toy manufacturer makes stuffed kittens and puppies with relatively lifelike motions. For innovation success, the manufacturer decides to evaluate financial feasibility. Three different mechanisms are available in these "pets." These toys will sell for the same price regardless of the mechanism installed, but each instrument has its own variable cost and setup cost. Profit, therefore, depends upon the instrument choice and the demand level. The manufacturer has a forecast of demand that suggests a 0.2 probability of "light" demand, a 0.45 probability of "moderate" demand, and a probability of 0.35 of "heavy" demand. Payoff's for each mechanism-demand combination appear in the table below. Q1.(a) Construct the appropriate decision tree to analyze this problem. Use standard symbols for the tree. Q1.(b) Analyze the tree to select the optimal decision for the manufacturer