Excel, Refrigerator Decision Tree problem

Excel, Refrigerator Decision Tree problem - $200 0.6 $260...

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Cost problem so at decision nodes choose lowest cost. $400 New Lasts 3 years $150 0.3 $260 Repair $430 Fails 0.7 $550 Used Lasts 3 years
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Unformatted text preview: $200 0.6 $260 New $600 Fails 0.4 $350 Repair $350 Decision node - choose lowest Change node - calculate EMV Total Cost...
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This note was uploaded on 09/24/2010 for the course BU 628 taught by Professor Dr.tapp during the Spring '10 term at Georgian.

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