Exercise Questions 19497277

 
   

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After reading chapter-5 from the attached text book. Answer below questions.

1)Consider and important decision with which you will be faced in the near future. Construct a scoring model detailing your major criteria and assign weights to each. Indicate which data are know for sure and which are uncertain. What can be done to reduce the uncertainty?

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2)Referring to exercise 5.19, determine the optimal fleet-expansion strategy if projected annual profits are discounted to the rate 12%. 

The assignment should be more than 400 words or answer as thorough as possible.