Business, 23.04.2020 01:32, brandiwingard

A manager is trying to decide whether to build a small, medium, or large facility. Demand can be low, average, or high, with the estimated probabilities being 0.25, 0.40, and 0.35, respectively. A small facility is expected to earn an after-tax net present value of just $18,000 if demand is low. If demand is average, the small facility is expected to earn $75,000;

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A manager is trying to decide whether to build a small, medium, or large facility. Demand can be low...