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Unidyde is considering expansion of its Fort Myers plant to produce a new chemical compound. The company is evaluating three different expansion plans: minor, moderate,

Unidyde is considering expansion of its Fort Myers plant to produce a new chemical compound. The company is evaluating three different expansion plans: minor, moderate, or major. They can, of course, also do nothing. Long-term profitability will be a function of future demand growth for the chemical compound. The following payoff table gives the present worth future profitability (in $1,000's) estimated by Unidyde management:
High Medium Low EOL
Do nothing 000
Minor 140120120
Moderate 150220-260
Major 250100-450
Suppose Unidyde estimates the following probabilities for demand growth of the chemical compound:
P(High Growth)=.20
P(Medium Growth)=.40
P(Low Growth)=.40
Fill in the table with the EOL for each decision alternative.

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