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estions/12396219 Question 1 10 pts 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) B IE stions/12396219 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 estions/12396219 Question 1 10 pts 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) B IE stions/12396219 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