Group Assignment* for Supplement E (all due on the last day of this week’s classes)
1. Repeat the decision matrix text example* on page 82 for Kirk Key (Larry Locke’s business partner).
2. Solve Text Problem 4 (the electric power company problem) using the decision tree method. Also, find both the maximax and maximin solution.
3. Repeat item 2 above using the decision matrix method.
* Solutions should be submitted in the form of a coherent and concise report -- something that top management can assimilate quickly!