FIGURE 13.18 DECISION TREE FOR HEMMINGWAY, INC. Successful 0.5 Start R&D Project ($5 million), Not Successful 0.5 Do Not Start the R&D Project 1-1 Building Facility ($20 million) Sell Rights Profit ($ millions) 34 20 10 20 -5 High Demand 0.5 Medium Demand 0.3 Low Demand 0.2
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