Question: Please include Excel with formulas. CubeStorage is a state-of-the-art storage facility. Due to increasing home prices, there has been an increased demand for storage facilities.

Please include Excel with formulas. CubeStoragePlease include Excel with formulas.

CubeStorage is a state-of-the-art storage facility. Due to increasing home prices, there has been an increased demand for storage facilities. CubeStorage is exploring growth options including building a new facility, expanding its current site, or simply doing nothing. At this point, industry analysts believe that going forward there will be a 35% chance of a strong market, a 45% chance that the market will remain stable, and a 20% chance that the market will decline. Accordingly, CubeStorage believes that their expected profit for the upcoming fiscal year will be as follows under each of these alternatives: Strong Market Stable Market Declining Market New Facility $570,000 ($90,000) ($350,000) Expand Current Facility 330,000 (20,000) (65,000) Do Nothing 110,000 0 (60,000) USE THE DRAWING TOOLS IN WORD OR POWERPOINT (OR EXCEL ADD-IN TREEPLAN), CREATE AND SOLVE THE DECISION TREE. UPLOAD THE FILE CONTAINING THE SOLUTION HERE. a. Use a decision tree analysis to analyze these decision alternatives. b. Based on your analysis, what decision should CubeStorage pursue? c. Given your recommendation, what would their expected annual profit be? Upload Choose a File

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