Q. Mr.Kuroff's refregerator is not working properly. He is considering 3 options: Purchasing a new refrigerator, purchase a used refrigerator or repair new 1. He purchases a new 1 for $400 and it will easily last 3 years. If he repairs current 1, he approximates a repair cost of $150, develop a decision tree for this situation and determine Kuroff's optimal strategy.
Q. Red Carpet Baby!, a children's accessory and toy store, uses U.S. Census information to determine number of families with children under age 5 in its market area. It is using.