Assignment 2: Probability Analysis

Assignment 2: Probability Analysis

Note:  Additional “how to” information was provided in the Module 4 Assignment 1 discussion thread, the announcements, and in email.

A General Manger of Harley-Davidson has to decide on the size of a new facility. The GM has narrowed the choices to two: large facility or small facility. The company has collected information on the payoffs. It now has to decide which option is the best using probability analysis, the decision tree model, and expected monetary value.

Complete this analysis from the attached sheets

Complete this decision tree based on the attached sheets