The questions are in the image below:

A payoff table for building a small factory and a large factory for manufacturing designer jeans is given in the accompanying table. Use the probabilities of each demand given in the payoff table to answer parts (a) through (i) below. Click the icon to view the payoff table with probabilities. a. Calculate the expected monetary value (EMV) for building a small factory and building a large factory. EMV(small) = $ 160000 EMV(large) = $ 50000 (Type integers or decimals.) b. Calculate the expected opportunity loss (EOL) for building a small factory and building a large factory. EOL(small) = $ EOL(large) = $ (Type integers or decimals.) c. Explain the meaning of the expected value of perfect information (EVPI) in this problem. Select the correct choice below and fill in the answer box to complete your choice. (Type an integer or a decimal.) O A. The EVPI value of $ represents the minimum amount that you should be willing to pay for perfect information. Payoff table with probabilities - X O B. The EVPI value of $ represents the maximum amount that you should be willing to pay for perfect information. C. The EVPI value of $ is the difference between the maximum expected opportunity loss and the minimum expected opportunity loss. Manufacturing Payoff O D. The EVPI value of $ is the difference between the maximum expected monetary value and the minimum expected monetary value. Demand Probability Small ($) Large ($) 10,000 0.1 - 100,000 - 350,000 d. Based on the results of (a) or (b), would you build a small factory or a large factory? 20,000 0.4 - 250,000 50,000 0.2 300,000 50,000 150,000 0.3 300,000 1,050,000