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Help with the OCR F297 decision tree

Tom White

16th May 2013

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We covered the topic of the decision tree in the F297 case study (Cavendish Cycles Ltd) in some detail in the toolkit supporting the exam, and some of you may be having a go at another example I prepared for an F297 mock exam that I posted earlier this week. Here's how to work out the answers...

Firstly - no sneaking a peek if you are doing the mock test under exam conditions! Once you've given the decision tree your best shot, you might like to see how I've calculated the EMVs (estimated monetary values) for each option.

CCL_Decision_Tree_2013_-_mock_B.jpg

CCL_Decision_Tree_2013_-_mock_B_-_worked_through.xlsx

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Tom White