ITM501 – Decision AnalysisWinter 2020----Assignment 1Due on Tuesday January 28th, 2020 at midnightYour answers are to be submitted on D2LProblem 3-31 in textbook:Please do your calculations in a separate sheet, and provide only your final answers inthe space given below each question. Save the file with your name on it, and upload iton D2L before Tuesday January 28th, 2020 at midnight. You can upload your calculationsheet as separate document on D2L.Beverly Mills has decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep theenvironment clean. The car she selected is available from only one dealer in the local area, but that dealer hasseveral leasing options to accommodate a variety of driving patterns. All the leases are for 3 years and require nomoney at the time of signing the lease. The first option has a monthly cost of $330, a total mileage allowance of36,000 miles (an average of 12,000 miles per year), and a cost of $0.35 per mile for any miles over 36,000. The
