n your initial post, using the completed Example 6.1, "New Product Decisions at ACME," apply each of the Elements of Decision Analysis (Section 6-2), and explain how they apply to Example 6.1. Basically, what you are doing is interpreting Example 6.1 and applying it to the elements of decision analysis. Use the following elements of decision analysis subheadings as you compose your post: Problem identification Possible decisions Possible outcomes Probabilities of outcomes Payoffs and Costs Decision Criterion Create a decision tree illustrating the elements of decision analysis Refer to Figures 6.5 and 6.6 to see Decision Tree examples and to gain valuable insights into Decision Trees