After reading chapter-5 from the attached text book. Answer below questions.
1)Consider and important decision with which you will be faced in the near future. Construct a scoring model detailing your major criteria and assign weights to each. Indicate which data are know for sure and which are uncertain. What can be done to reduce the uncertainty?
2)Referring to exercise 5.19, determine the optimal fleet-expansion strategy if projected annual profits are discounted to the rate 12%.
The assignment should be more than 400 words or answer as thorough as possible.
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