Assume you are going to make a purchase decision on whether


Assume you are going to make a purchase decision on whether or not to buy one of the three potential big-ticket items listed below. Choose one to evaluate and answer the following questions:

1) 5 Day Disney world Vacation for family

Cost: $14,500

2) New House

Cost $450,000

3) Lexus LC 500

Cost $105,000

  1. What decision did you make and why?
  2. How comfortable would you feel making this decision and why?
  3. What financial information would you need to make the decision and why?
  4. What non financial factors would also play a role in your decision to either purchase or not purchase this item?

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Operation Management: Assume you are going to make a purchase decision on whether
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