Sarah Chang is the owner of a small electronics company. In six months, a proposal is

due for an electronic timing system for a major sporting event. For several years,

Chang's company has been developing a new microprocessor, a critical component

in the timing system that would be superior to any product in the market. However,

progress in research has been slow, and Chang is unsure whether her development

team can produce the microprocessor in time. If they succeed, then Chang's company

has an excellent chance of winning the $1 million contract for the timing system.

If they do not, then Chang's company would have to fall back on the current microprocessor

that they have, and chances of winning the contract would be slim.

If she continues the project, then Chang must immediately invest $200,000 in research

and development. In addition, making a proposal requires developing a prototype

timing system at an additional cost of $50,000. Finally if Chang wins the contract,

then the finished product will need an additional $150,000 to produce.

- What did you understanding from the case, Why you are adopting Decision Tree and how the calculations are done?

- Complete decision tree with description and calculations

- Should Chang invest money in research and development?

- Analysis and Summary of the case

please answer all the questions!!