JUST NEED DECISION TREE 2!!!!

Risk and Decision-Making using Decision Trees Draw a decision for each problem (1 and 2), and then state which alternative is the better option based on your decision trees. Decision Tree 1 An electronics company is deciding whether to embark on a research and development program leading to product innovation. If current trends follow the predicted path, the payoff will be high, if trends change then the payoff could be less. It is estimated that there is 25% chance the current trends will continue as predicted, a 35% chance that the trends will change leading to a slight decrease in payoff and there is a 40% chance that the trends will change drastically and will reduce the payoff substantially. The payoff table of alternatives is below: Trends 25% Trends 35%Trends 40% $500,000 $250,000 S-150,000 Embark on new research and development program Do nothing $300,000 $125,000 $ -80,000 Which alternative will you choose? Use a decision tree to make your determination. Decision Tree 2 You need to procure a specialized part that will go into pacemakers. Your intent is to procure this item and resell it to pacemaker manufacturers. Suppose you can select between an overseas supplier who can supply you at a cost of $10 per unit and a local supplier who can supply you at a cost of $11 per unit. The products are identical and you expect to sell 10,000 units at a price of $20. If you fail to deliver any product, you will incur a loss in goodwill of $75,000. The likelihood of the local supplier to deliver is 99% and the likelihood of the overseas supplier to deliver is 98%. Which supplier will you choose, the overseas supplier or local supplier? Use a decision tree to make your determination