Senior management at Humber bakery requested a new analysis based on adjusting the selling price and the number of units produced under each production plan. Initial probability estimates are also updated. Resulting gross profits (3;) and state of nature probabilities are given in the following payoff table. Low Demand Medium Demand High Demand \"9'\Use the decision tree you selected from Part A, along with the payoffs and probabilities provided on this page, to construct a decision tree for the problem. I. No Sample Information What is the expected monetary value and associated decision for the optimal alternative? The optimal decision is production. ll. Sample Information As noted earlier, Humber is considering hiring Professor Leung to conduct a market research survey. It is now determined that the results of the survey will indicate a favourable market condition with 44% chance. Otherwise, it will indicate an unfavourable market condition. If the survey provides a favourable outlook, the revised probabilities of low and high demand are 0.3 and 0.37 respectively. If unfavourable, the probabilities calculated for medium and low demand are 0.34 and 0.42 respectively. Using the given sample information, create a multistage decision tree based on the a\".-- ..-.. --I--a.-.| :. n-.4. A III-\\ n-|..- a.I._ an.-- . What is the best expected monetary value and associated decision under a favourable survey outcome? The optimal decision is production. . What is the best expected monetary value and associated decision under an ufavourable survey outcome? The optimal decision is Selectan answer v production. . What is the value with the sample information? EV with SI = $ . What is the value of the sample information (EVSI)? . What is the optimal decision strategy if Professor Leung's consulting fees were $5,717. [Select an