Question: Decision Tree (4) Using a decision tree, evaluate three alternative locations that are described below Site A Cost: $320,000 High revenue potential: $120,000 per year

Decision Tree (4) Using a decision tree, evaluate three alternative locations

Decision Tree (4) Using a decision tree, evaluate three alternative locations that are described below Site A Cost: $320,000 High revenue potential: $120,000 per year for 4 years, probability 0.65 Low revenue potential: S96,000 per year for 4 years, probability 0.35 Site B: Cost: $320,000 High revenue potential: $150,000 per year for 4 years, probability 0.5:5 Low revenue potential: S125,000 per year for 4 years, probability 0.45 Site C Cost: $290,000 High revenue potential: $145,000 per year for 4 years, probability 0.30 Low revenue potential: $110,000 per year for 4 years, probability 0.70

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