Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.
Compact case
Case
-
Reference no. 674-005-1
Published by: Cranfield School of Management
Published in: 1974
Length: 1 pages
Data source: Generalised experience

Abstract

The case describes the problems faced by a builder in deciding the sizes of the tenders he should submit for certain jobs. It was introduced early in a 4- session course on Decision Theory. One interesting aspect of the case is the fact that the final decision is almost totally insensitive to the probabilities given.
Industry:
Size:
Small

About

Abstract

The case describes the problems faced by a builder in deciding the sizes of the tenders he should submit for certain jobs. It was introduced early in a 4- session course on Decision Theory. One interesting aspect of the case is the fact that the final decision is almost totally insensitive to the probabilities given.

Settings

Industry:
Size:
Small

Related