Question: Determine the most valuable option. Perform Decision Tree Analysis. Show all your work and output on the tree and draw it in your paper, and

Determine the most valuable option. Perform Decision Tree Analysis. Show all your work and output on the tree and draw it in your paper, and indicate the best decisions on the chart, with node values.

Determine the most valuable option. Perform

1.0 Small Demand (0.3) Do nothing 1.5 Medium Demand (0.5) 1.3 Expand Expand 1.7 Large Demand (0.2) Build 1.6 Subcontract Do nothing 0.6 Other use 1.6 Small Demand (0.3) Expand Medium Demand (0.5) 1.5 Expand 1.4 Large Demand (0.2) Build 1.7 Build Do nothing 0.8 Other use 1.2 Small Demand (0.3) Do nothing 1.4 Medium Demand (0.5) Expand 1.6 Large Demand (0.2) 1.8

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