3- Consider the following tree and then try to find the optimal decision path. Please block off the dominated decisions and represent the steps you followed to reach the final step. (Point: 40)
1 De noteturce Outsource 2 3 Do not enhance the capacity Prigod market (POS Predict bad market (P2) Predict normal market 0.3 7 5 mark Hermal market d But machet (P-01) 200,000 ,0 Good market P Normal market (0) But market (P+0.1) Enhance the capacity De not enhance the capacity 4 500,000 9 100,000 -500,000 -100,000 -300,000 Enhance the capacity Do not enhance the capacity Do not enhance the capacity 3 -300,000 400,000 700,000 Good market (P-0551 Normal market (25 Bad market (P-02) 3 Enhance the capacity 300,000 -50,000 ,500,000 Normal market (Pv0.25) Bed market (P-0.31 Good market (P-0.55) 3 Good market (055) 200,000 -100,000 10,000 Normal market (+0.25 Sad market (-0.31 -100,000 -300,000
3- Consider the following tree and then try to find the optimal decision path. Please block off the dominated decisions
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3- Consider the following tree and then try to find the optimal decision path. Please block off the dominated decisions
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