Use the data in Solved Problem 5.1 to examine what happens to the decision if Sarah King can increase yields from 59,000 to 64,000 by applying an expensive phosphorus to the screen at an added cost of $250,000. Prepare the modified decision tree. What are the payoffs, and which branch has the greatest EMV?
In problem 5.1, Construct a house of the quality matrix for a wristwatch. Be sure to indicate specific customer wants that you think the general public desires. Then complete the matrix to show how an operations manager might identify specific attributes that can be measured and controlled to meet those customer desires.