=for this problem. A g. Perform sensitivity analysis with this decision tree by generating a data table
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=for this problem.
A g. Perform sensitivity analysis with this decision tree by generating a data table that shows what happens when the prior probability of S1 increases in increments of 0.05 from 0.3 to 0.7 while the prior probability of S3 remains fixed at its original value. Then use trial and error to estimate the value of the prior probability of S1 at which the best alternative changes as this prior probability increases.
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Introduction To Management Science A Modeling And Case Studies Approach With Spreadsheets
ISBN: 9780078096600
4th Edition
Authors: Frederick S. Hillier And Mark S. Hillier
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