Tutorial 2 S11

Tutorial 2 S11 - Tutorial 2 1. Aigerim K. is considering...

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Tutorial 2 1. Aigerim K. is considering the possibility of opening a dress shop. Her options are to open a small shop, a medium-sized shop, or no shop at all. The market for a dress shop can be good, average, or bad. The net profit or loss for the medium-sized or small shops for the various market conditions are given below. Building no shop at all yields no loss and no gain. What do you recommend if you are (a) an optimist; (b) a conservative? 2. Suppose the firm is attempting to determine the size of the computer system that would be the most economical to lease. The goal of the decision analysis is to help the firm make its computer leasing decision. For the firm the final decision will be to lease one of three computer systems, which differ in size and capacity. The three alternatives are: d 1 = lease the large computer system d 2 = lease the medium-sized computer system d 3 = lease the small computer system.
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Tutorial 2 S11 - Tutorial 2 1. Aigerim K. is considering...

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