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excel, solutions

# excel, solutions - Expand Expand EOL \$0 \$500,000 \$350,000...

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States of Expand \$800,000 Maintain Status Quo 1,300,000 Sell Now 320,000 Regret Table: Expand \$500,000 Maintain Status Quo \$0 Sell Now \$980,000 EVPI: \$195,000 Good Foreign Competitive Conditions Good Foreign Competitive Conditions Alternatives Alternatives

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f Nature Maximax Maximin \$500,000 \$800,000 \$500,000 \$590,000 (150,000) \$1,300,000 (\$150,000) \$285,000 320,000 \$320,000 \$320,000 \$320,000 Decision: \$1,300,000 \$500,000
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Unformatted text preview: Expand Expand EOL \$0 \$500,000 \$350,000 \$650,000 \$650,000 \$195,000 \$180,000 \$980,000 \$740,000 Decision: \$500,000 \$195,000 Expand Status Quo Poor Foreign Competitive Conditions Hurwicz ( α = .3) Poor Foreign Competitive Conditions Minimax Regret \$650,000 \$710,000 \$575,000 \$865,000 \$320,000 \$320,000 \$650,000 \$865,000 Expand Status Quo Equally Likely Expected Value...
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excel, solutions - Expand Expand EOL \$0 \$500,000 \$350,000...

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