Kcreate decision tree keeping all the possibilities in mind, what should Kumar do$?$ Why?

Trade$-$off analysis, Decision tree analysis to estimate the expected returns if he chose to take

the available decisions. This will help him arrive at the best options to meet certain objectives, such as on$-$time, on$-$time in full etc.

$5.$ An agency at the Goa port can provide immediate information to Kumar on the availability of Class I barges. How much should Kumar pay the agency to obtain such information?

Kumar is willing to pay a value that is less than the difference between: Expected Value With Perfect Information $($given by the agency$)-$ Expected Value Without perfect Information and

compare between rail and vessel. The cost of the information should be less than $573\mathrm{.}317()$ to

reliable.be

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