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Harimann International

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DECISION SUPPORT MODEL Instructor: DR.DO BA KHANG CASE REPORT Harimann International REPORT CONTENT: CASE ABSTRACT 2 1/ Prepare a decision tree for the initial problem 2 2/ Do you agree with Mr. Dhawan’s analysis in Exhibit 3? 4 3/ Prepare a decision tree to include the different possible delivery dates of the embroider. Interpret the results. 5 4/ Prepare a decision tree to describe the situation with parallel production process 7 5/ Assuming that Mr. Dhawan can hire an assistant who would make sure that there will be no internal production problem. How much he would pay for this assistant at most? 8 6/ Do you have any other suggestion to help Dhawan to improve further his situation with the order? 10 …show more content…

Based on this part of the conversation, Dhawan believed that he was four times as likely to receive the goods on March 20 as on March 10.”So, we know the probability of every event note as below: * March 10: 1/8= 0,125 * March 20: 4 x 0,125=0.5 * And March 27: 1-0,125-0.5 =0,375 * With the event “March 10” – according to the schedule Dhawan expects, we face situation like question 1, no delay or delay. To avoid repeating, we use the result of question 1, Dhawan will receive profit 207,084 INR if it is delivered on March 10. * With the event “March 20” – Dhawan will miss the original schedule. However, he still receive profit with 3 events analysed in Question 1: pay 50%, pay 30% and pay 20%. We will use the result of question 1 in the event “delay” – He will lose 225,528 INR . * With the event “March 27” – it is the same with the event “March 20”. He will also lose 225,528 INR because of the late delivery. If Dhawan accepts the order, he will lose 171,451 INR whereas he just loses 18,840 INR for investing materials if he declines the order. 4/ Prepare a decision tree to describe the situation with parallel production process. Based on what we have analyzed in question 3, we should approach this

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