The purpose of this assignment is to show how business decisions can be made by using rigorous decision-making techniques.
Using specified data files, chapter example files, and templates from the “Topic 8 Student Data, Template, and Example Files” topic material, complete Chapter 6, Problems 2, 31 (part a), 32, and 33 from the textbook. Use Microsoft Excel to complete Problem 2. Use the Palisade DecisionTools software to complete Problems 31, 32, and 33, and ensure that all Palisade software output is included in your files. The Palisade DecisionTools Excel software needs to be used to create the decision trees.
To receive full credit on the assignment, complete the following.
- Ensure that the Palisade software output is included with your submission.
- Ensure that Excel files include the associated cell functions and/or formulas if functions and/or formulas are used.
- Include a written response to all narrative questions presented in the problem by placing it in the associated Excel file.
- Place each problem in its own Excel file. Ensure that your first and last name are in your Excel file names.