Question:
The lease of Theme Park Inc is about to expire Management
Last updated: 1/9/2024
![The lease of Theme Park Inc is about to expire Management](https://media.kunduz.com/media/sug-question-candidate/20240109082425418302-5242131.jpg?h=512)
The lease of Theme Park Inc is about to expire Management must decide whether to renew the lease for relocate near the site of a proposed motel The town planning board is currently debating the merits of granting approval to the mo A consultant has estimated the net present value of Theme Park s two alternatives under each state of nature as shown below What course of action would you recommend using Options Renew Relocate Click here for the Excel Data File a Maximin O Renew O Relocate b Maximax Relocate Renew Motel Approved 500 000 5 000 000 c Laplace Relocate Renew Motel Rejected 4 000 000 100 000