Subject category:
Knowledge, Information and Communication Systems Management
Published by:
Ivey Publishing
Version: 1999-12-14
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https://casecent.re/p/15226
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Abstract
A pharmaceutical house is considering introducing a throat lozenge on the market and is undecided about whether to conduct a test market and whether to order manufacturing equipment now or later. Probability assessments are given, permitting the use of a decision tree. Also possible are considerations of the value of information. (A Microsoft Excel model is available for use with this case, product ''7A99E016''.) There is a simplified Chinese version available ''9A99EC16''.
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Abstract
A pharmaceutical house is considering introducing a throat lozenge on the market and is undecided about whether to conduct a test market and whether to order manufacturing equipment now or later. Probability assessments are given, permitting the use of a decision tree. Also possible are considerations of the value of information. (A Microsoft Excel model is available for use with this case, product ''7A99E016''.) There is a simplified Chinese version available ''9A99EC16''.