(Solution) - In Problem S1 10 suppose Amtrex is able to assign probabilities -(2025 Original AI-Free Solution)
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In Problem S1-10, suppose Amtrex is able to assign probabilities to each of the states of nature for each of the suppliers/ ports as follows:
![](http://www.solutioninn.com/image/images5/184-B-M-L-O-M (37).png)
a. Using expected value, determine the port/supplier Amtrex should use.
b. Based on the results from Problem S1-10, and the result from part a, is there a best overalldecision?