What is the EVPI?

	Success	Moderate Success	Failure
Probability	0.3	0.3	0.4
Sell Company	89	89	89
Form Joint Venture	210	120	110
Sell Software on own	420	226	-100

#2

A company makes electronic gadgets. 2% arefaulty, the company doesn't know which ones are faulty until a buyer complains. Suppose the company makes a $121profit on each sale, but suffers a loss of $8for every faulty gadget because they have to repair the unit. What is the profit(or loss) the company can expect to make from selling 100 units?.

#3