Need 4 Pages in 5-6 Hours

Prepare a Managerial Report structured as follows: 2.1 Structure and present your paper in the form of a Managerial Report, with a cover page, table of content, executive summary, main body, appendixes. 2.2 Define and present the management decision problem as a decision tree that shows the logical sequence of the decision problem. 2.3 Using expected values and the given probability of competition, formulate your recommendation for the marketing of one of the two video games. 2.4 Show a risk profile for your recommended decision. 2.5 Use sensitivity analysis to determine what the probability of competition for Space Pirates would have to be for you to change your recommended decision alternative. 2.6 Apply software tools for the quantitative decision making (TreePlan/Excel) Expected length of Assignment 2: up to 4 pages APA format, excluding cover page, table of content, and appendixes ideo Tech is considering marketing only one of two new video games for the coming holiday season: Battle Pacific or Space Pirates. Battle Pacific is a unique game and appears to have no competition. Estimated profits (in thousands of dollars) under high, medium and low demand are as follows: Market Demand Battle Pacific High Medium Low Profit $1000 $700 $100 Probability 0.2 0.5 0.3 Video Tech is optimistic about its Space Pirates game, however, it is concerned that the game’s profitability will be affected by a competitor’s introduction of a video game viewed as similar to Space Pirates. Estimated profits (in thousands of dollars) with and without competition are as follows: Market Demand Space Pirates With Competition High Medium Low Profit $750 $350 ‐$75 Probability 0.3 0.4 0.3 Market Demand Space Pirates Without Competition High Medium Low Profit $1600 $800 $400 Probability 0.5 0.3 0.2 For planning purposes, Video Tech believes there is a 0.6 probability that its competition will produce a new game similar to Space Pirates for the upcoming Holiday Season. Complete the following: a) Using [login to view URL], create the decision tree for Video Tech problem. State your recommended decision for Video Tech according to the EMV decision criterion. b) State the risk profile of the optimal decision according to the EMV criterion. c) Create a sensitivity table (ie Data Table in Excel) showing how the optimal decision might change if the probability of the Space Pirates game having competition varies from 0% to 100% in steps 10%. d) State what the sensitivity table in part c) means in the context of the decision problem. Additional Requirements Additional Requirements