What is the final value of the decision 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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What is the final value of the decision tree?

Transcribed Image Text:Large manufacturing
Small manufacturing
Economics
Good (.6)
Economics
Poor (.4)
Economics
Good (.6)
Economics
Poor (.4)
Rent empty structure
Rent floor space
70,000
50,000
65,000
55,000
--5000
Rent empty structure
Rent floor space30,000

Transcribed Image Text:OA) 45,000
OB) 68,000
OC) 42,000
OD) 33,000
SOE) 75,000
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