Determine decision strategies based on expected value for this decision tree.

1. Please answer Questions 6 - 12 based on the information given above.

   What is the expected value after branch A, i.e., EV(A) =?

   	A.	150
   	B.	316
   	C.	120
   	D.	127.2
   	E.	100

QUESTION 7

1. What is the expected value after branch J, i.e., EV( J ) =?

   	A.	100
   	B.	316
   	C.	150
   	D.	127.2
   	E.	120

QUESTION 8

1. What is the expected value after branch K, i.e., EV( K ) =?

   	A.	127.2
   	B.	120
   	C.	316
   	D.	150
   	E.	100

QUESTION 9

1. What is the expected value after branch B, i.e., EV( B ) =?

   Hint: Use the information you calculated before, i.e. EV( J) and EV( K). Use the most favorable outcome.

   	A.	150
   	B.	127.2
   	C.	316
   	D.	120
   	E.	100

QUESTION 10

1. What is the expected value after branch C, i.e., EV( C ) =?

   	A.	120
   	B.	316
   	C.	150
   	D.	127.2
   	E.	100

QUESTION 11

1. Based on the maximum expected value approach, what should be the initial decision strategy?

   	A.	Select decision alternative A
   	B.	Select decision alternative B
   	C.	Select decision alternative C

QUESTION 12

1. Suppose that initially decision alternative B is selected and then G happened. Based on the maximum expected value approach, what should be the next decision strategy?

   	A.	Select decision alternative K
   	B.	Select decision alternative J

D .6 0 E .4 300 L .6 F .5 500 20 M .4 40 B G .2 N .8 100 K H .3 o .2 180 350 C 100