Emily Watkins, a recent college graduate, faces some tough choices. Emily must decide whether to accept an
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The problem is that Emily has to make a decision on the lower-paying job within the next few days, and she will not know about the higher-paying job for two weeks.
a. Draw out the decision tree for Emily Watkins.
b. What is the key decision Emily faces? What is the expected value of each decision branch?
c. What other factors might Emily consider, aside from expected value?
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Introduction to Operations and Supply Chain Management
ISBN: 978-0132747325
3rd edition
Authors: Cecil B. Bozarth, Robert B. Handfield
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