Question: pls help! Develop the above problem analytically, considering that the probability values have varied to 0.65 and 0.35 in terms of favorable and unfavorable market
pls help!
Develop the above problem analytically, considering that the probability values have varied to 0.65 and 0.35 in terms of favorable and unfavorable market conditions, when the survey is favorable (.55). The odds when the survey is unfavorable change to 0.45 probability, and for favorable market is 0.74 and unfavorable 0.26. Define what the final decision of the company is given the probability of occurrence of natural states and development given above, as well as the probabilities of the results of the survey carried out by company If you were the operations manager, and it is up to you to make a decision, with those odds, what decision would you make? And why? And do a comparative analysis with the results of the problem developed in class. First Decision Point Second Decision Point Payotte o $106.400 Favorable market 18 Unfavorable matku 563.GOD Favorabilo markol : Large plant Small plant $106,400 Unfavorable Surve 1:45 rests favorable Na plant COMPLEX DECISION TREE EXAMPLE S87400 FV. Yesuits Survey 55 BAU $2,400 $2.100 Ft Small litt USC 22 Net $49,200 (15 i US $40,000 US Figure A.3

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