Learning Objectives:

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Utilize influence diagram, tornado diagram, and decision tree to picturize the problem at hand and visualize all possible options.

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Integrate the use of simulation, decision tree, and probability in solving real world business problems.

This is a group project, with two students per group. At the end of the semester, each student must submit a confidential peer evaluation form, detailing the contributions of each group member in completing the project. The form is available on Canvas.

Instructions for completing the interactive case study.

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Read the paper and Appendix A carefully to understand the drug development process