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The ABC Construction company was awarded a contract for the construction of an advanced and complex facility. Due to the complexity of this project, the company can choose one the following three options: (1) invest in new equipment and technology; (2) use current equipment and technology; or (3) subcontract the complex portions to other specialty contractors. The expected results from these three alternatives are summarized in the following Table. Subcontract Outcomes Invest in new technology Profit ($millions) $500 Use current technology Profit (Smillions) $400 Profit ($millions) $250 Great success Moderate success Failure $300 $250 $150 -$100 -$40 -$20 Perform the necessary decision analysis to advice the construction company on the best decision to make for this problem. The ABC Construction company was awarded a contract for the construction of an advanced and complex facility. Due to the complexity of this project, the company can choose one the following three options: (1) invest in new equipment and technology; (2) use current equipment and technology; or (3) subcontract the complex portions to other specialty contractors. The expected results from these three alternatives are summarized in the following Table. Subcontract Outcomes Invest in new technology Profit ($millions) $500 Use current technology Profit (Smillions) $400 Profit ($millions) $250 Great success Moderate success Failure $300 $250 $150 -$100 -$40 -$20 Perform the necessary decision analysis to advice the construction company on the best decision to make for this

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