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BUS 307 Week 2 DQ 2 Expected Values and Decision Trees

BUS 307 Week 2 DQ 2 Expected Values and Decision Trees

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Author: Lester Dunn
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http://www.homeworkrank.com/BUS-307-ASH/BUS-307-Week-2-DQ-2-Expected-Values-and-Decision-Trees


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From the end of Chapter 8, consider the two capacity options for Arktec manufacturing from Problem 2 and the three possible demand scenarios from Problem 4, then complete Problem 5.  First, draw the decision tree for Arktec Manufacturing. When drawing your tree, assume that managers must select a capacity option before they know what the demand level will actually be. Then, calculate the expected value for each decision branch. Which option would you prefer and why? 


 

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