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. Kring Acosta, after migrating to the United States, is considering opening a new grocery store in town. She is evaluating three possible location sites: downtown, the mall, and out at the busy traffic circle. Kring calculated the value of successful stores at these locations as follows: downtown, $350,000; the mall, $400,000; the circle, $500,000. She calculated her losses if unsuccessful to be $200,000 at either downtown or the mall and $300,000 at the circle. Kring figures her chance of success to be 50% downtown, 60% at the mall, and 75% at the traffic circle.
Required: Draw a decision tree for Kring and select her best alternative.
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