Please help me with this and show me the work. Thank you so so much! Question:

Set up a decision tree to model the scenario presented to GoTrax. I want to see two versions of your decision tree. i. First, show the tree with the algebraic formulations as your payoffs before you run the simulations - see the examples in the lecture notes (eg. from FOOZ lecture example = $250*MIN(D, Q)-$150000 - $130Q)

Helpful info:

Outsource manufacuring Inhouse manufacuring Cost Guarantee to purchase $60,500,000 (55,000 units x $1100 Total fixed cost $21,000,000 Cost per unit $1,100 $825 Revenue Selling price per unit $1,895 $1,895 Profit per unit (Selling price cost) $795 $1,070 Probability estimates If demand is strong Can only sell the 55,000 that they ordered Can sell between 45,000 to 75,000 e-bikes if demand is weak Will only sell what the demand is and have surplus Can sell between 20,000 to 50,000 e-bikes Total quantity available to sell 55,000 e-bikes Between 30,000 to 75,000 (30,000 minimum on first production run). 0 to 45,000 units on the second run