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Use the Following Data to Answer Questions 88-100 -Refer to the Data on Expected Demand for Weston Gadgets,Inc

question 57

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Use the following data to answer questions 88-100.  Expected Demand for Weston Gadgets, Inc.  Decision Alternative  Low 35%  Medium 30%  High 35%  Outsource $16.00 million $28.00 million $66.00 million  Build capacity $4.00 million $32.00 million $26.00 million  Do nothing $9.00 million $18.00 million $66.00 million \begin{array}{l} \quad \quad \quad \quad \quad \quad \quad \quad \text { Expected Demand for Weston Gadgets, Inc. }\\\begin{array} { | l | l | l | l | } \hline \text { Decision Alternative } & \text { Low 35\% } & \text { Medium 30\% } & \text { High 35\% } \\\hline \text { Outsource } & \$ 16.00 \text { million } & \$ 28.00 \text { million } & \$ 66.00 \text { million } \\\hline \text { Build capacity } & \$ 4.00 \text { million } & \$ 32.00 \text { million } & \$ 26.00 \text { million } \\\hline \text { Do nothing } & \$ 9.00 \text { million } & \$ 18.00 \text { million } & \$ 66.00 \text { million } \\\hline\end{array}\end{array}
-Refer to the data on Expected Demand for Weston Gadgets,Inc.For the various demand scenarios and their associated probabilities,the option to build has an expected value of ______.


Definitions:

Nuclide

An atomic species characterized by the specific constitution of its nucleus, including the number of protons and neutrons.

Radiant Energy

Energy that travels by waves or particles, particularly electromagnetic radiation such as heat or light.

Electrical Current

The flow of electric charge through a conductor, typically measured in amperes.

Implicit Trust

Trust that is naturally developed over time through interactions and experiences, often without explicit verbal communication or reassurances.

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