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    London Pop Concert TreePlan

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    Tri Septia Rahmawati Kahar
    Option 2, which is to advertise the concert in both Music Press and National Press, has the highest expected payoff according to the decision tree. This option would lead to a profit of $60 if ticket demand is high, but could potentially lose $60 or make a profit of $20 depending on if demand is medium or low. Overall, Option 2 provides the greatest chance for high ticket sales and profit compared to the other advertising options.

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    London Pop Concert TreePlan

    Uploaded by

    Tri Septia Rahmawati Kahar
    246 views2 pages
    Option 2, which is to advertise the concert in both Music Press and National Press, has the highest expected payoff according to the decision tree. This option would lead to a profit of $60 if ticket demand is high, but could potentially lose $60 or make a profit of $20 depending on if demand is medium or low. Overall, Option 2 provides the greatest chance for high ticket sales and profit compared to the other advertising options.

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    London Pop Concert Treeplan

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    Option 2, which is to advertise the concert in both Music Press and National Press, has the highest expected payoff according to the decision tree. This option would lead to a profit of $60 if ticket demand is high, but could potentially lose $60 or make a profit of $20 depending on if demand is medium or low. Overall, Option 2 provides the greatest chance for high ticket sales and profit compared to the other advertising options.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    246 views2 pages

    London Pop Concert TreePlan

    Uploaded by

    Tri Septia Rahmawati Kahar
    Option 2, which is to advertise the concert in both Music Press and National Press, has the highest expected payoff according to the decision tree. This option would lead to a profit of $60 if ticket demand is high, but could potentially lose $60 or make a profit of $20 depending on if demand is medium or low. Overall, Option 2 provides the greatest chance for high ticket sales and profit compared to the other advertising options.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 2

    Jodipati Alif Fitrahillah

    29317451
    London Pop Concert TreePlan

    A. 1. The Problem: there is an event that is going to held, and they need to decide best option for
    publication.
    2. The Decision Nodes for the problem:
    Option 1, Option 2, Option 3
    3. State of Nature: the ticket demand (high, medium, low)
    4. Company’s payoffs:
    Option Low Medium High
    1 -20 -20 100
    2 -60 20 60
    3 -100 -60 20

    B. Decision Tree:
    Jodipati Alif Fitrahillah
    29317451
    London Pop Concert TreePlan

    C. Based on this decision tree, can be seen that option 2 or advertise on Music Press and National
    Press had the highest ticket demand. This demand of ticket can be generated to profit with
    selling the ticket that already demanded by customers.
    D. The reservations of this option is the company need to make sure they had high demand ticket
    to get highest profit.

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