A clothing manufacturer is considering the following 4 options to handle the ris

A clothing manufacturer is considering the following 4 options to handle the risk they face with the following respective costsRetention
Expected Cost of 600
Partial insurance
Expected Cost of 800
Deductible insurance
Expected Cost of 900
Full insurance 
Expected Cost of 1000
If the risk manager makes decisions by minimizing TOTAL COST, show what conditions on the WVs would make:
Full insurance preferred to Deductible Insurance? Show all work and explain the numerical answer. (3 points)
Partial insurance preferred to Retention? Show all work and explain the numerical answer. (3 points)
For ease of exposition call the WVs:
WVR (retention)          WVP (partial insurance)         
WVD (deductible insurance)  WVF  (full insurance)