Your firm faces considerable revenue uncertainty because you have to negotiate contracts with…


Your strong faces extensive revenue uncertainty consequently you keep to perform contracts delay various customers. You prejudge a 20 percent hazard that your revenues earn be 200,000, a 30 percent hazard that your revenues earn be 300,000, and a 50 percent hazard that your revenues earn be 500,000. Your costs are too indistinct consequently the prices of your produce oscillate considerably. You prejudge a 40 percent hazard that your costs earn be 400,000 and a 60 percent hazard that your costs earn be 250,000. Use Excel to set up a firmness tree for your avail prejudge (it does not stuff whether costs or revenues follow primeval). How abundant practicable avail outcomes do you keep? What is your expected avail?