Decision payoff table with future demand probabilities


Decision payoff table with future demand. probabilities alternatives, low, medium, and large facilities, small facilities is 18,35,25. medium facilities 24,37,26. large facilities 0.35,0.3,0.35. a. the EMV for small facility is ______ 1 (decimal ) b. the EMV for medium is _________ (1decimal) c.the EOL for medium is ________(2 decimal) d. the EOL for large facility is (2 decimal) e. the decision by EMV is to select the________ facility. f. the best decision using EOL is to select the_______ facility.

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Financial Management: Decision payoff table with future demand probabilities
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