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Problem 1 3 - 1 9 ( Algo ) Decision tree analysis [ LO 1 3 - 4 ] Jasmine's Dresswear Manufacturers is preparing a
Problem Algo Decision tree analysis LO
Jasmine's Dresswear Manufacturers is preparing a strategy for the fall season. One alternative is to expand its traditional ensemble of wool sweaters. A second option would be to enter the cashmere sweater market with a new line of highquality designer label products. The marketing department has determined that the wool and cashmere sweater lines offer the following probability of outcomes and related cash flows:
tableExpand Wool,Sweaters Line,Enter Cashmere,Sweaters LineExpected Sales,Probability,tablePresent Value ofCash Flows fromSalesProbability,tablePresent Value ofCash Flows fromSalesFantastic$$
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