Stephen's T-Shirts
A family firm that produces and sells printed T-shirts at events and festivals in mid-sized towns must decide how many T-shirts to produce for an upcoming event. Three possible scenarios are defined, each with a different probability.
Collection: IESE (España)
Ref: AD-268-E
Format: PDF
Number of pages: 2
Publication Date: Feb 7, 2002
Language: English, Spanish
Description
A family firm that produces and sells printed T-shirts at events and festivals in mid-sized towns must decide how many T-shirts to produce for an upcoming event. Three possible scenarios are defined, each with a different probability.
Read more
Learning Objective
Introduction to decision trees, measurement of uncertainties and decision-making.
Leave your rating
"Stephen's T-Shirts"
Register for free with IESE Publishing and enjoy all the advantages
What type of account do you want to create?
Choose account type
Professors
Academic Institutions
Companies
Individuals