0.78
Good market
(a) Conduct questionnaire. $135,000
If positive, produce razor. Produce $140,000 $135,000
0.27
-$5,000 $35,824 Good market
0.55 Poor market
Negative result -$89,000
0.89
Good market
0.45 Poor market
Positive pilot -$104,000
0.18
-$20,000 $31,912 Good market
0.55 Poor market
Negative pilot -$104,000
0.5
Good market
$140,000
Problem 8-40