ZZ Pharmaceuticals is a small firm that is considering whether to enter a bid for a contract with Michele, a large pharmaceutical manufacturer. If they win the contract, ZZ would produce the active Equipment Option Market picks up "soon" p $=0\mathrm{.}30$ Market picks up "later" p $=0\mathrm{.}70$ Manual Machine $-120000210000$ NC Machine $140000160000$ CNC Machine $200000-2000006|$Page ingredient in a new anti$-$HIV drug that Michele is planning to manufacture. The contract specifies particular quantities of the ingredient and a timeline for their delivery to Michele. Several firms will be competing for the contract, and ZZ$\text{'}$s management estimates that there is a fifty$-$fifty chance of winning the contract, which has a value of $$75,000.$ The cost of preparing a bid is around $$5,000$