Store-It-All is a new budget storage facility Due to the well-priced options, they facility has been popular with customers in need of storage space so Store-It-All is considering increasing its capacity. Store-It-All has the following three options: build a new facility, expand the current facility, or do nothing. Based on a market analysis, there is a 30% chance of a strong market, a 55% chance of a stable market, and a 15% chance of a weak market. Based on significant data analysis, Store-It-All estimates the following annual returns for these alternatives:

	Strong Market	Stable Market	Weak Market
New Facility	$980,000	$(180,000)	$(450,000)
Expand Current Facility	630,000	(50,000)	(95,000)
Do Nothing	170,000	0	(40,000)

USE THE DRAWING TOOLS IN WORD OR POWERPOINT (OR EXCEL ADD-IN TREEPLAN), CREATE AND SOLVE THE DECISION TREE. UPLOAD THE FILE CONTAINING THE SOLUTION HERE.

a. Use a decision tree analysis to analyze these decision alternatives.

b. What should the Store-It-All?

c. What would their expected annual returns if your recommendation is followed?