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    Payoff Table & Decision Tree

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    Purchase price = 10
    Selling price = 20 on Christmas day 2 otherwise
    Profit/loss = 10 on Christmas day (8) otherwise

    a) Compute the payoffs for purchasing 100,200,500 or 1000 trees for each level of demand
    b) Set off the payoff table indicating the event and alternative course of action
    c) Set up a decision tree
    d) Set up an opportunity loss table

    © BrainMass Inc. brainmass.com October 9, 2019, 3:27 pm ad1c9bdddf
    https://brainmass.com/business/payoff-table-decision-tree-4494

    Solution Summary

    The solution provides answers to questions on creating payoff table, decision tree and opportunity loss table.

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