Tremblay Products, Inc., of Quebec City, has the option of (a) proceeding immediately with production of a new top-of-the-line stereo TV that has just completed prototype testing or (b) having the value analysis team complete a study. If Ed Lusk, VP for operations, proceeds with the existing prototype (option a), the firm can expect sales to be 90,000 units at $500 each, with a probability of 0.77 and a 0.23 probability of 75,000 at $500. If, however, he uses the value analysis team (option b), the firm expects sales of 85,000 units at $740, with a probability of 0.62 and a 0.38 probability of 65,000 units at $740. Value analysis, at a cost of $115,000, is only used in option b. Which option has the highest expected monetary value (EMV)? The EMV for option a is $ and the EMV for option b is $ Therefore, option has the highest expected monetary value. (Enter your responses as integers.)