Develop Desicion tree
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
Develop Desicion tree
Transcribed Image Text:Size of the first station
Small
Medium
Large
Very large
Probability
Good market, $
50 000
80 000
100 000
300 000
20%
Fair market, $
20 000
30 000
30 000
25 000
30%
Poor market, $
-10 000
-20 000
-40 000
-160 000
50%
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