Need To Make A Decision Tree In Word

Responsive Centered Red Button

Need Help with this Question or something similar to this? We got you! Just fill out the order form (follow the link below), and your paper will be assigned to an expert to help you ASAP.

Need to make a decision tree in word based on the following –   Allensmith Company  is considering whether to build a large plant or a small plant for new product, which has an estimated life of 7 years.  A small plant requires an investment of $3.4 million and a large plant of $4 million.  The following estimates are available for annual income. Plant Size Demand Annual Income Large High $900,000   Low $300,000 Small High $600,000   Low $500,000 The probability of high demand in first year is 0.75.  If the demand is high in the first year, the probabilities of high and low demands in subsequent years are 0.7 and 0.3 respectively.  The probability of low demand in the first year is 0.25.  If the demand is low in the first year, the probabilities of high and low demands in subsequent years are 0.2 and 0.8 respectively. Evaluate the decision alternatives open to the company using decision trees.  Which alternative should be followed by the Allensmith Company  and what return can be expected?

How to create Testimonial Carousel using Bootstrap5

Clients' Reviews about Our Services