CASE QUESTIONS:

Apply the learning in Weeks $1$ and $2$ for answering the case questions.

Use the decision wheel diagram to formulate the case questions starting with the center of the

wheel.

$1.$ Clearly articulate the decision problem and management objectives.

$2.$ Analyze the decision team from the perspective of each one$$s incentives in continuing

production and business.

$3.$ Evaluate the alternatives using marginal analysis with the additional data provided in Excel

worksheet.

$4.$ Recommend the best alternative based on your analysis.

$5.$ Analyze the perceived risk associated with each alternative.

$6.$ Evaluate Baker$$s unspoken conclusions using your learning of opportunity cost.

ACADEMIC INTEGRITY

Failure to abide by Berkeley College Academic Integrity can result in grade reduction or a zero

grade in the assignment.

Clealry

articulate the

decision

problem and

objectives

Explore all

alternatives

Evaluate all

alternatives

using marginal

analysis

Evaluate the

risks

associated

with each

alternative

Select the best

alternative

Get buy in

from all

participants in

the decision

process