1) Construct a decision tree for this problem. Be sure to clearly mark the decisions, events, probabilities, and payoffs on the tree2) What recommendations should you give to the CEO if the company’s objective is to maximise expected monetary value (EMV)?3) If the financial value of the contribution to the Hungarian local community is estimated around £10,000 instead, how would this affect the optimal strategy? What is the most money the company should be willing to promise to the local government in Hungary?
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