Freemark Abbey Winery case study PDF

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 PDF
Total Downloads 30
Total Views 134

Summary

Discission Making...


Description

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...


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