Question: 1. How much profit contribution can be earned by carrying 1 ton of tapioca from Balik Papan to Singapore, dock to dock, considering revenue and

1. How much profit contribution can be earned by carrying 1 ton of tapioca from Balik Papan to Singapore, dock to dock, considering revenue and cargo costs? How much can be earned by carrying 1 ton of general merchandise from Singapore to Balik Papan

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1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.

4. It is only at this point that you can give the problem your full attention in relation to the various ways you have framed the problem.