You dont have to draw a table or tree but think about the


Think of a decision that you or your company or someone you know is about to make or has recently made. Do you think a formal decision analysis (either payoff table or tree) could help? You don’t have to draw a table or tree but think about the alternatives, probabilities, and payoffs (or utilities). What would be involved in assessing these and how difficult would that be?

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Operation Management: You dont have to draw a table or tree but think about the
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