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Week 4 Assignment_Decision tree assignment

Week 4 Assignment_Decision tree assignment

Q (Based on question 9-31)

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It is considered that Carlisle Tire and Rubber Inc. is considering to expand the level of production so that it is successful in meeting the desired demands in the market. Thus for this, they have taken the decision to either construct a new plant or to create expansion of the existing plant or to do nothing at all. In the decision tree in Excel, three branches are being given out from each node and the three subdivisions done are namely stable, expand and contract