Identify decision alternatives and possible states of nature

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Reference no: EM131409790

The manager of a small local airport must extend a runway if business jets are to be accommodated. However, the airport is practically surrounded by a suburban housing development, and residents are already complaining to the city council about the volume and noise of existing air traffic at the facility.

Identify the decision alternatives and the possible states of nature that might occur after the decision is made.

Reference no: EM131409790

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