Read Case 6.4, “Developing a Helicopter Component for the ARMY” in your course t
Read Case 6.4, “Developing a Helicopter Component for the ARMY” in your course text. (It is attached) <
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For Part 1 of this assignment, using an Excel spreadsheet, <
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Develop a decision tree to maximize Ventron’s expected monetary value (EMV). <
This includes the revenue from this project, the side benefits (if applicable) from an improved extrusion process, and relevant costs. <
You don’t need to worry about time value of money; that is, no discounting or net present values are required. <
Summarize your findings in words in the spreadsheet. <
For Part 2 of this assignment, in a one to two page paper, <
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Determine what value of side benefits would make Ventron indifferent between the two alternatives. <
Evaluate how much Ventron would be willing to pay, right now, for perfect information about both steps of the improved extrusion process.

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