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Expensive peso profit 1 - PowerPoint PPT Presentation

SC Design Facility Location under Uncertainty Chapter 6

SC Design Facility Location under Uncertainty Chapter 6. A tree representation of uncertainty. One way to represent Uncertainty is a binomial tree Up by 1 down by -1 move with equal probability. <Show Applet balldrop.htm>. T steps. Decision tree. One column of nodes for each time period

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Expensive peso profit 1 - PowerPoint PPT Presentation

SC Design Facility Location under Uncertainty Chapter 6