according to the following methods: 1- Graph method 2- The lowest level of regret method.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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O * D 11:13
E Expert Q&A
Di
DI
D2
D3
D4
Si
Pi
P=?
P2=0.40
P3=0.20
P=0.30
تقنية محلية = S|
تقنية أجنبية = ,S |
تطوير تقنية = S
27
18
16
-5
21
-4
23
12
14
10
25
28
Evaluate three appropriate proposed
alternatives to introduce a new product to be
added to the factory products. The three
suggested alternatives were: 1- Using local
technology 2-use of foreign technology 3-
Making a modification, addition, and
development to the existing technology in the
facility. The matrix of expected results was from
the proposed alternatives for the next ten years,
within four possible environmental conditions
from natural states, as shown in the table (note
that the amounts are in thousand dinars).
Required: Make a decision to choose one of the
alternatives for the new production line
according to the following methods: 1- Graph
method 2- The lowest level of regret method. 3-
Decision tree method. S1: local technology S2:
foreign technology S3: Technology
development.
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Transcribed Image Text:O * D 11:13 E Expert Q&A Di DI D2 D3 D4 Si Pi P=? P2=0.40 P3=0.20 P=0.30 تقنية محلية = S| تقنية أجنبية = ,S | تطوير تقنية = S 27 18 16 -5 21 -4 23 12 14 10 25 28 Evaluate three appropriate proposed alternatives to introduce a new product to be added to the factory products. The three suggested alternatives were: 1- Using local technology 2-use of foreign technology 3- Making a modification, addition, and development to the existing technology in the facility. The matrix of expected results was from the proposed alternatives for the next ten years, within four possible environmental conditions from natural states, as shown in the table (note that the amounts are in thousand dinars). Required: Make a decision to choose one of the alternatives for the new production line according to the following methods: 1- Graph method 2- The lowest level of regret method. 3- Decision tree method. S1: local technology S2: foreign technology S3: Technology development. 00 Tools Home Courses Folder
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