Read Quantitative Analysis for Management,12e, Render, Stair, Hanna, Hale, 2015 Pearson Education, Chapter 3: Decision Analysis, Problem 3-40 (pp. 105-106), on e-Reserve
Prepare a Managerial Reportstructured as follows:
Task 2-1: Structure and present your paper in the form of a Managerial Report, with a cover page, table of content, executive summary, main body, appendixes. Expected length of Assignment 2: up to 4 pages APA format, excluding cover page, table of content, and appendixes
Task 2-2: Prepare a payoff table and develop a decision tree.
Task 2-3: Based on the calculated EMVs for all decision alternatives, answer the question: “Should Bill build a duplex, a quadplex, or do nothing”
Task 2-4: Apply software tools for the decision tree (recommended tool: MS Excel Add-Ins TreePlan)