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Decide which option is the best using probability analysis

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Question: Probability Analysis

A General Manger of Harley-Davidson must decide on the size of a new facility. The GM has narrowed the choices to two: large facility or small facility. The company has collected information on the payoffs. It now must decide which option is the best using probability analysis, the decision tree model, and expected monetary value.

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Reference no: EM131942360

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