Question: Mountain Bike Company's (MBC), factory is considering three options for its facility next year. MBC can expand their current factory, move to a larger facility, or make no change. With a good market, the annual payoff would be $ 56,000 if they expand, $ 70,000 if they move, and $ 30,000 if they do nothing. With an average market, their payoffs will be $ 21,000, $ 35,000, and $ 10,000, respectively. With a poor market, their payoff will be -$ 29,000, -$ 45,000, and $ 5,000 respectively. The probabilities of Good, Average, and Poor Markets are 0.25, 0.45, and 0.3 respectively. Compute the EVPI and show that it is the same as the minimum EOL.