Solve maxium-profit problem by using decision tree

Assignment Help Operation Management

Reference no: EM131115640

Solve the following maxium-profit problem by using a decision tree.

Low Demand Average Demand High Demand

Alternatives Prob.=0.2 Prob.=0.45 Prob.=0.35

Expand Plant $250,000 400,000 400,000

Build New Plant 200,000 350,000 440,000

Do Nothing 300,000 300,000 300,000

Reference no: EM131115640

Questions Cloud

What is impact of losses in process in inspection-final test : CBF hired you to help determine why it is not able to produce the 1,000 boards per day. What type of process flow structure is CBF using? Diagram the process in a manner similar to Exhibit 7.7. Analyze the capacity of the process. What is the impact ..

Percentile for a sample : In a recent year, Delaware had the highest per capita annual income with $51,803 (µ = 51,803) . If σ = $4850, find the mean that falls at the 85th percentile for a sample of 35 residents?

Compare income statement and balance sheet effects : Compare and contrast the income statement and balance sheet effects of these two transactions. How should Cypres Appliance Store structure this transaction to ensure that it qualifies as a sale instead of a collateralized loan?

What is the margin that allargando company needed : For the past year, Allargando Company recorded sales of $409,500 and average operating assets of $273,000. What is the margin that Allargando Company needed to earn in order to achieve an ROI of 10.5%

Solve maxium-profit problem by using decision tree : Solve the following maxium-profit problem by using a decision tree.

Inches and a standard deviation : In a random sample of 70 bolts with a sample mean length of 1.25 inches and a standard deviation of .01 inches. What is the CI?

Find the component cost of debt preferred stock and equity : Preferred: New preferred could be sold to the public at a price of $100 share, with a dividend of $9. Flotation costs of $5 share would be incurred. Debt: Debt could be at an interest rate of 9%.Common: New common equity will be raised only by retai..

Assume that selzer estimates the total cost of servicing : Prepare 2010 entries for Selzer using the expense warranty approach. Assume that Selzer estimates the total cost of servicing the warranties will be $120,000 for 2 years.

New min and max height requirements : Find the percentage of women meeting and requirement, men meeting the height requirement and if the requirements are changed to exclude only the tallest 5% of men and the shortest 5% of women, what are the new min and max height requirements? Pleas..

User Account

All Pages