Yоur teаm is plаnning prоductiоn for а new product line. You must decide whether to make a subassembly in Michigan, make the subassembly in Arizona, or buy the subassembly from a supplier. Based on corporate guidance, you believe that the probability of a growing economy for the next year is 0.5, the probability of no change in the economy is 0.2, and the probability of a recession is 0.3. Costs for making the subassembly in Michigan are expected to be $650 in a growing economy, $325 for no change, and $160 in a recession. Costs for making the subassembly in Arizona are expected to be $350 in a growing economy, $350 for no change, and $350 in a recession. Costs for purchasing the subassembly from a supplier are expected to be $250 in a growing economy, $375 for no change, and $1,000 in a recession. Calculate the expected value for the cost of making the subassembly in Michigan. [MI] Calculate the expected value for the cost of purchasing the subassembly from a supplier. [SU] The expected value for the cost of making the subassembly in Arizona is $350. Based on the expected values, which alternative should you choose? [AZ]