Question: Princely Prizes is considering 3 different models for its new suit. This will involve changes in capacity and thus different volumes will have different unit

Princely Prizes is considering 3 different models for its new suit.

Princely Prizes is considering 3 different models for its new suit. This will involve changes in capacity and thus different volumes will have different unit costs. They estimate that the average demand per week will range between 80 and 120. They choose 3 possible levels of weekly demand and calculate prots for each. 1. Draw a Decision Tree 2. Calculate the EMV 3. Calculate the EVPI

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