You are aware, however, that by the time the intended project is constructed, a number of circumstances could "change the game" in the next years. In fact, according to some of your research, your organization could be able to make more money over the long run by investing in alternative energy sources, energy carriers, and the infrastructure needed to support them. You must explain to your board some of the pertinent concerns, the findings of your analysis, and the conclusion that, based on your decision-making process, is the best course of action for such long-term profitability with little risk.

You are aware, however, that by the time the intended project is constructed, a number of circumstances could "change the game" in the next years. In fact, according to some of your research, your organization could be able to make more money over the long run by investing in alternative energy sources, energy carriers, and the infrastructure needed to support them. You must explain to your board some of the pertinent concerns, the findings of your analysis, and the conclusion that, based on your decision-making process, is the best course of action for such long-term profitability with little risk.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter9: Decision Making Under Uncertainty

Section: Chapter Questions

Problem 77P

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