Question Completion Statu Subway is about to open a new store. Three locations are under consideration,...

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Question Completion Statu Subway is about to open a new store. Three locations are under consideration, with possible outcomes (depending on demand) as shown in the table below. The three states of demand have different probabilities as presented in the table. Demand Location Low (35%) Medium (35%) High (30%) Large 10 40 80 Medium Small 15 50 60 40 40 45 Answer the following two questions. Which decision gives the highest expected monetary value? A. Small What is the expected value of perfect information? Medium CLarge D Small or Mediu E. Smaller Large Medium Large a 1.3 1.6 3. N Question Completion Statu Subway is about to open a new store. Three locations are under consideration, with possible outcomes (depending on demand) as shown in the table below. The three states of demand have different probabilities as presented in the table. Demand Location Low (35%) Medium (35%) High (30%) Large 10 40 80 Medium Small 15 50 60 40 40 45 Answer the following two questions. Which decision gives the highest expected monetary value? A. Small What is the expected value of perfect information? Medium CLarge D Small or Mediu E. Smaller Large Medium Large a 1.3 1.6 3. N