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Decision tree model in sport management case

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Reference no: EM133204142

Use of Decision Tree Model in Sport Management Case

Task A

  • Construct a decision tree as the sport marketing manager of the local sports commission and convention and visitors bureau (CVB) for Jeffersonville clearly showing all values (expected values and net profit (gain) for each considered alternative.
  • What is your recommendation to the executives?

Task B

  • You now learn that the new probability for a successful bid for Event A is 0.3
  • Construct a new decision tree that incorporates this new information.
  • Based on this information, how will your recommendatin to the executives change?

Submission guidelines:

  • Task A and B should be on PowerPoint (1 slide per task)
  • All values (expected and gain (profit) should be clearly shown on both slides

Reference no: EM133204142

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