Question: E - Education is a new startup that develops and markets MBA courses offered over the Internet. The company is currently located in Chicago and

E-Education is a new startup that develops and markets MBA courses offered over the Internet. The
company is currently located in Chicago and employs 150 people. Due to strong growth, the company
needs additional office space. The company has the option of leasing additional space at its current
location in Chicago for the next two years, but after that will need to move to a new building. Another
option the company is considering is moving the entire operation to a small Midwest town immediately.
A third option is for the company to lease a new building in Chicago immediately. If the company
chooses the first option and leases new space at its current location, it can, at the end of two years,
either lease a new building in Chicago or move to the small Midwest town.

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