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in f5’s opentution’s risk & uncertanity:decision tree lecture,
Cheaper refurbishment option is ONLY available if they do market research & have poor result as per the question’s statement???(NO shutting down or expensive refurbishment should be taken into account).Then why has the lecturer taken shutting down option with cheaper refurbishment?It does not say in the question that shutting down is not a possibility. It says that they will only be prepared to consider cheaper refurbishment. Considering it does not mean definitely doing it.
Shutting down is obviously always an option (unless, for some reason, it is specifically not allowed)
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