Question: 6. (a) Construct a complete decision trees diagram for Hoopla Hoops showing all possible choices that might be made. Ignore any cost for the experiment.

6. (a) Construct a complete decision trees diagram for Hoopla Hoops

6. (a) Construct a complete decision trees diagram for Hoopla Hoops showing all possible choices that might be made. Ignore any cost for the experiment. (b) Compute (1) the Expected Value of Sample Information (EVSI) and the Expected Net Value of Sample Information (ENVSI) when the demand forecast experiment has a cost of $50. 7. Time will only permit if Hoopla to use one source of information. To maximize expected payoff, should Hoopla request the marketing research study of the demand forecast experiment

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