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jacob zulu, the mMD director of lsk meat processing company has to decide to build a new state of art meat processing facility. if the
jacob zulu, the mMD director of lsk meat processing company has to decide to build a new state of art meat processing facility. if the new facillity works the company would realise a profit of $ if it fails the company would lose $at this time jacoJacob estimates the other option is to build a pilot plantanplant and then decide whether to build a complete plant. the pilot project would cost $ to build. jacob estimates a chance the pilot plant would work. if the pilot plant works there is a probability that the complete plant if it is built would also work. if the pilot does not work, theres only chance that ththe complete plant vif constructed will work. jwcojacob facefaces dilemma.
Qshould he build the plant?
Q should he build the pilot project and then make a decision to build a complete faccccccc
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