Question: Read Application Case 8.5: Starbucks Exploits The expected monetary value, or EMV, for any decision is a weighted average of the possible payoffs for this

Read "Application Case 8.5: Starbucks Exploits The expected monetary value, or EMV, for any decision is a weighted average of the possible payoffs for this decision, weighted by the probabilities of the outcomes. Use the data in "Decision Tree and Payoff Tables" file. View the Decision Making Under Risk video. Decision 1: Payoff/Cost per alternative of $50,000, $10,000-$5,000 with probabilities respectively of 0.1, 0.2, 0.7. Decision 2: Payoff/Cost per alternative of $5,000, -$1,000 with probabilities respectively of 0.6 and 0.4.GIS and Analytics to Grow Worldwide," located in Chapter 8 of the textbook. In 50-100 words each, address the questions presented at the end of the case study. While APA style is not required for the body of this assignment, solid academic writing is expected, and documentation of sources should be presented using APA formatting guidelines, which can be found in the APA Style Guide, located in the Student Success Center. This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion

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