A manager is quite concerned about the recent deterioration of a section of the roof on...

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Finance

A manager is quite concerned about the recent deterioration of asection of the roof on a building that houses her firm's computeroperations. According to her assistant there are three optionswhich merit consideration: A, B, and C. Moreover, there are threepossible future conditions that must be included in the analysis:I, which has a probability of occurrence of .1; II, which has aprobability of .3; and III, which has a probability of .6.
If condition I materializes, A will cost $12,000, B will cost$20,000, and C will cost $16,000.
If condition II materializes, the costs will be $15,000 for A,$18,000 for B, and $14,000 for C.
If condition III materializes, the costs will be $10,000 for A,$15,000 for B, and $19,000 for C.

State of Nature..............I..............II............III
Option A...................12000.......15000.......10000
Option B...................20000.......18000.......15000
Option C...................16000.......14000.......19000
Expected Monetary Value of A =
Expected Monetary Value of B =
Expected Monetary Value of C =
Enter the Alternative that you would choose. Enter A, B, orC

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A manager is quite concerned about the recent deterioration of asection of the roof on a building that houses her firm's computeroperations. According to her assistant there are three optionswhich merit consideration: A, B, and C. Moreover, there are threepossible future conditions that must be included in the analysis:I, which has a probability of occurrence of .1; II, which has aprobability of .3; and III, which has a probability of .6.If condition I materializes, A will cost $12,000, B will cost$20,000, and C will cost $16,000.If condition II materializes, the costs will be $15,000 for A,$18,000 for B, and $14,000 for C.If condition III materializes, the costs will be $10,000 for A,$15,000 for B, and $19,000 for C.State of Nature..............I..............II............IIIOption A...................12000.......15000.......10000Option B...................20000.......18000.......15000Option C...................16000.......14000.......19000Expected Monetary Value of A =Expected Monetary Value of B =Expected Monetary Value of C =Enter the Alternative that you would choose. Enter A, B, orC