Raz Products's materials managar, Tej Diakar, must detemine whether to make or buy a new semisontuctor for the wrist TV that the firm is atout to prodice. Three milion inlts are expected to be prosuced over the iff gele if the product is made, start-up and production cosis of the make docison cotal $1 millos, wht a probabilyy of 0.3 that the protuct well be sakstactiory and a 07 probability that it will not If the product is not satisfactory, the fim will beve bo nevaluake the docision. If the decition is reevaluated, the choice will be whether to spend anoener $1 intilon to roderign the semiconductor or to purchase. Lkeliood of success the second tme that the make decision is made is 06.4 the socond make drcisian also tais, the frmi mast purchase. Regardess of when the purchase takes ploce, Dhakar's best judgment of cost is that Ritz will pay 50.55for aach parchased semiconductor plus 52 mallon in vendor derelopment coat. a) Assuming that Rez mubt have the semiconductar (stopping er doing without is not a viable option), what is the bast decision? The frm should the semicondudors because this decision has an expected cost off (Enfer your response at an integeri) b) What criteria did you use to make this decision? In this case, expected manetary value is represented by To make the decsion in part (a), we found the of these values. c) What is the worst that can happen to Ritz as a resalt of this particular decisisn? What is the best that can happen? The werst that can hapsen is that the frem spendt 3 The test etat can hacpens in that pe fim only spends 5 (Enter your mosponses as itegurs)