|Business and Economics
|Week 2 assignment
|Sources / references
Description / paper instructions
Read Case 6.3: Electronic Timing System for Olympics on pages 275-276 of the textbook. For this assignment, you will assess and use the correct support tool to develop a decision tree as described in Part “a” of Case 6.3. Analyze and apply the best decision making process to provide answers and brief explanations for parts “a”, “b”, “c”, and “d”. The answers and explanations can be placed in the same Excel document as the decision tree.
Develop a decision tree that can be used to solve Chang’s problem. You can assume in this part of the problem that she is using EMV (of her net profit) as a decision criterion. Build the tree so that she can enter any values for p1, p2, and p3 (in input cells) and automatically see her optimal EMV and optimal strategy from the tree.
Develop a decision tree using the most appropriate support tool as described in Part a.
Could you please have them to log on to the site I put in the order and go to the class BUS 461 week 2 assignment and actually look for the resources and they can find the book please