67%(6)4 out of 6 people found this document helpful
This preview shows page 1 - 2 out of 3 pages.
Name: LAI CHEE KING GM04318 Individual assignment: Carter RacineInstruction: Determine if Carter should “Race or Not to Race”. Please provide the reasons for racing or not racing. You can arrive at your answer by using decision tree or probability test from theinformation given in the case. BACKGROUNDGoodstone Tire Company has giventhe team $40,000 sponsorship money for the last race of the season: the Springfield 500.IfCarter Racing places in the top five again, Goodstone will offer a full-season sponsorship nextyear: $1 million plus all the tires they could want.If they get it, they’re in the big leagues.Carter Racing also has a problem, however.Nearly all (7 of 9) of the races theydidn’tfinish this season were due to failures of a critical gasket that, when it fails, destroys the engine.
You've reached the end of your free preview.
Want to read all 3 pages?
carter racing,Goodstone Tire,Goodstone,Goodstone Tire Company