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.