Homework Soursefollowing profits have been determined CWD is willing to pay
following profits have been determined.
CWD is willing to pay $50 for additional information on the weather
which can be normal or unreasonable.
Decision Alternatives
Moderate,
Heavy, s1
s2
Light, s3
Blade Attachment, d1
3500
1000
-1500
New Snowplow, d2
7000
2000
-9000
Probability
0.4
0.3
0.3
| following profits have been determined. | CWD is willing to pay $50 for additional information on the weather | ||||
| which can be normal or unreasonable. | |||||
| Decision Alternatives | Moderate, | ||||
| Heavy, s1 | s2 | Light, s3 | |||
| Blade Attachment, d1 | 3500 | 1000 | -1500 | ||
| New Snowplow, d2 | 7000 | 2000 | -9000 | ||
| Probability | 0.4 | 0.3 | 0.3 | ||
Solution
