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.
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Learning Objective

Introduction to decision trees, measurement of uncertainties and decision-making.

Stephen's T-Shirts

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"Stephen's T-Shirts"