Question: 4. Determine the most valuable option. Perform Decision Tree Analysis. Show all your work and output on the space below, and indicate the best decisions

4. Determine the most valuable option. Perform Decision Tree Analysis. Show

4. Determine the most valuable option. Perform Decision Tree Analysis. Show all your work and output on the space below, and indicate the best decisions on the chart, with node values. 1.0 Small Demand (0.3) Do nothing 1.5 Medium Demand (0.45) Expand 13 Expand 1.7 Large Demand (0.25) Subcontract (Cost: 0.2) Build 1.6 Do nothing 0.6 16 Small Demand (0.3) Other use Expand (Cost: 0.3) Medium Demand (0.45) 1.5 Large Demand (0.25) Expand 1.4 Build 1.7 Do nothing 0.8 Build (Cost: 0.4) Small Demand (0.3) Other use 1.2 Do nothing 1.4 Medium Demand (0.45) Expand 16 Large Demand (0.25) 1.8

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