The Twinge Manufacturing Company is considering introducing two new products. The company can add both to the current line, neither, or just one of the two. The success of these products depends on the general economy and on consumers' reactions to the products. These reactions can be summarized as "good" where Plgood) = 0.30, "fair" where Pifair) = 0.50. or "poor" where P(poor) = 0.20. The company's revenues, in thousands of dollars, are estimated in the following payoff table. Fair Decision Neither Product 1 only Product 2 only Both State of Nature ($ thousands) Good Poor 000 125 65 30 105 60 30 220 110 a) Compute the expected monetary value for each decision. (4 marks) b) What decision would you recommend? (1 mark) C) Develop an opportunity loss table. (3 marks) d) Compute the expected opportunity loss for each decision. (4 marks) e) Compute the expected value of perfect information. (1 mark)