Title | Freemark Abbey Winery case study |
---|---|
Author | Sangram Keshari Das |
Course | Advanced Data Analysis |
Institution | Indian Institutes of Management |
Pages | 2 |
File Size | 68.9 KB |
File Type | |
Total Downloads | 30 |
Total Views | 134 |
Discission Making...
1. If harvest the Riesling grapes before the storm arrives, Mr. Jaeger could choose to sell at $2.85 a bottle, or sell the wine in bulk and grapes directly. If sell $2.85 a bottle, revenue = 1000*12*$2.85 = $34200. (If sell the wine in bulk and grapes directly, Mr. Jaeger could yield half of revenue, which is about 1000*12*$2*1/2 = $12000.) 2. Prob. Overall Prob. = Prob * 50%
50% Storm Botryt No s Botryts 40% 60% 20%
30%
25% Sugar 40% 20%
50% No Storm 20% acidity...