Question: Please solve it ASAP!!! 3. Perform Decision Tree Analysis. Show all your work and output on the figure below and indicate the best decisions. Will

Please solve it ASAP!!!

Please solve it ASAP!!! 3. Perform Decision Tree

3. Perform Decision Tree Analysis. Show all your work and output on the figure below and indicate the best decisions. Will you develop a new product or consolidate? Give reason behind your decision. $ 800,000 0.4 Good 0.4 Moderate $ 50,000 0.2 Poor $ 2,500 Thorough Development Cost - $ 85,000 Rapid Development Cost - $ 61,000 $620,000 New Product 0.2 Good 0.2 Moderate $ 35,000 0.6 Poor $ 2,000 1 $ 600,000 0.3 Good 0.4 Moderate $ 40,000 0.3 Poor Consolidate $ 12,500 Strengthen Product Cost - $ 32,000 Reap Product Cost - $ 0 $ 40,000 0.5 Good 0.5 Poor $ 8,500 PART B: Short Question (Answer any TWO] [Marks: 2*3=6] Q1. Discuss the steps of decision implementation plan Q2. Determine the criteria toward effective group decision making Q3. Briefly describe the two main layout types

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