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e following decision table organizes a decision that Lydia Pittman needs to make regarding her home daycare. She has been providing in - home daycare
e following decision table organizes a decision that Lydia Pittman needs to make regarding her home daycare. She has been providing inhome daycare for over years and it has been very successful. Lydia now needs to decide whether or not to expand her business to accommodate more families and if she expands, whether to expand with a smallsized or a mediumsized facility. Her decision will be heavily based on whether the market is favorable or unfavorable for daycare services. Select the correct decision tree based on the given decision table. Decision Table State of Nature Alternatives Favorable Market Unfavorable Market Smallsized facility Mediumsized facility Do not expand
e following decision table organizes a decision that Lydia Pittman needs to make regarding her home daycare. She has been providing inhome daycare for over years and it has been very successful. Lydia now needs to decide whether or not to expand her business to accommodate more families and if she expands, whether to expand with a smallsized or a mediumsized facility. Her decision will be heavily based on whether the market is favorable or unfavorable for daycare services. Select the correct decision tree based on the given decision table.
Decision Table
State of Nature
Alternatives Favorable Market Unfavorable Market
Smallsized facility
Mediumsized facility
Do not expand
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