#2 Decision Analysis, Exam 1, DA 2.xls

# #2 Decision Analysis, Exam 1, DA 2.xls - \$2,500.00 CRITERIA...

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Title: BUSI 508 Exam #1 Author: Taryn Lopez Problem # 2 Decision Analysis 2 Prob(Market) 20% 40% 30% 10% Market Excellent Good Average Poor Options EMV 1 PP \$5,000.00 \$2,000.00 \$(2,000.00) \$(5,000.00) \$700.00 2 PP, LB \$12,000.00 \$6,000.00 \$(4,000.00) \$(10,000.00) \$2,600.00 3 PP, LB, TR \$13,000.00 \$7,000.00 \$(10,000.00) \$(15,000.00) \$900.00 4 PP, LB, TR, CC \$30,000.00 \$10,000.00 \$(20,000.00) \$(30,000.00) \$1,000.00 5 LB, TR, CC \$55,000.00 \$20,000.00 \$(35,000.00) \$(60,000.00)
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Unformatted text preview: \$2,500.00 CRITERIA VALUE: \$2,600.00 OPTION: PP, LB Bob's alternatives? 1. PP 2. PP, LB 3. PP, LB, TR 4. PP, LB, TR, CC 5. PP, TR, CC States of nature? excellent, good, average, poor Bob's best choice? Bob's best choice is to do the second option with Leadville Barts (LB) to make the helmets, then Progressive to do the rest. His EMV is \$2,600....
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## This note was uploaded on 11/22/2010 for the course BUSI 508 taught by Professor Thomas during the Summer '10 term at Columbia College.

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