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Sagot :
A . The figure below gives the decision tree for the given problem: Low demand ( 0-20 ) -S42 Million Subcontract High demand.
B. The payoff table for the decision tree obtained in part a . is shown below: Alternative Low High Small facility $ 42 $ 48 Med
C. The Expected value of perfect information can be computed by using the formula given below: EVPI = Expected payoff under Expected payoff under risk can be calculated as shown below: The payoff table is shown below: Alternative Low High Small face.
The expected value of complete information is the price a healthcare decision-maker is willing to pay to obtain complete information on all factors that influence which treatment option is preferred as a result of a cost-benefit analysis. . The expected value of complete information is the price we are willing to pay for access to complete information.
Learn more about The Expected value here:- https://brainly.com/question/28197299
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