Describe and justify the steps in a decision tree analysis that Guy Josobo performed for Vasco da Gama Industries, and include any possible challenges he will face.
Develop a decision tree or decision-tree chart to solve Guy Josobo’s dilemma. At each decision node, select the best decision alternative for both the manufacture and outsource choices. Determine the state of probabilities for all the demands: low demand is .30, medium demand is .45, and high demand is .25. Using your decision tree and […]