Question: Given the decision tree below for a two - stage ( decision ) project to enter a joint venture, find the best alternatives ( among

Given the decision tree below for a two-stage (decision) project to enter a joint venture, find the
best alternatives (among a1-a6 in the figure) and their expected values. The outcomes shown
are revenues and the investment expenses are in parentheses. Node 4 represents the situation
where alternative a1 was chosen, and then the top outcome with a 70% probability occurred;
note that there is no choice of alternative if the 30% probability outcome occurred. Similarly
with Node 5.
 Given the decision tree below for a two-stage (decision) project to

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