72317971 Freemark Abbey Winery Case Study

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DECISION MAKING CASE

Transcript of 72317971 Freemark Abbey Winery Case Study

  • Decision Analysis Case Study FREEMARK ABBEY WINERY Khurram Masoods sectionHLCC Consulting Inc.Julian HongNicolas Liao Alan Chen Cheng-Chieh Chao

  • Decision BasisInformationProbability of rain, mold formation, acidity, sugar level, wine price, reputation value, detector accuracy, spores effectiveness, immigration lawMr. Jaegers AlternativesHarvest now or laterUse detector or notBuy spores or notSell in bottle or bulk Mr. Jaegers PreferencesPrefers more money than lessCares about reputationUncertaintiesProbability of rain, mold formation, acidity, sugar level

  • Decision Diagram

  • Decision Tree

  • Delay the harvest and buy spores, but at a probability of rain greater than 45%, use the detector

    Chart3

    342006895039449332003695035371

    342006670039278332003870035542

    342006445039107332004045035713

    342006220038936332004220035884

    342005995038765332004395036055

    342005770038594332004570036226

    342005545038423332004745036397

    342005320038252332004920036568

    342005095038081332005095036739

    342004870037910332005270036910

    342004645037739332005445037081

    342004420037568332005620037252

    342004195037397332005795037423

    342003970037226332005970037594

    342003745037055332006145037765

    342003520036884332006320037936

    342003295036713332006495038107

    342003070036542332006670038278

    342002845036371332006845038449

    342002620036200332007020038620

    No Detector, Harvest Now

    No Detector, Delay Harvest, Buy Spores

    No Detector, Delay Harvest, No Spores

    Use Detector, Harvest Now

    Use Detector, Delay Harvest, Buy Spores

    Use Detector, Delay Harvest, No Spores

    Probability of Rain

    Revenue

    Sensitivity to Probability of Rain

    Parameters

    Decision Set123456123456

    Note: Tree v1 is complete for all variables and assuming risk-neutral. Tree v2 assumes 1 for both spores and detector effectiveness and risk-neutrality. Tree v3 is same as v2 except u(x) is based one risk odds and u-values for each bottle. Tree v4 is sameTesting V2No Detector, Harvest Now,No Detector, Harvest Later, SporesNo Detector, Harvest Later, No SporesDetector, Harvest NowDetector, Harvest Later, SporesDetector, Harvest Later, No SporesMax U-valueDecision SetDescriptionNo Detector, Harvest NowNo Detector, Delay Harvest, Buy SporesNo Detector, Delay Harvest, No SporesUse Detector, Harvest NowUse Detector, Delay Harvest, Buy SporesUse Detector, Delay Harvest, No Spores

    UncertaintiesPercentageUse Tree v2p_rain34200p_rain47350p_rain37807.4p_rain33200p_rain53750p_rain37012.6p_rain

    Prob of Rain0.530.05342000.05689500.05394490.05332000.05369500.05353710.05689502No Detector, Delay Harvest, Buy Spores

    Prob of Mold Growing0.40.10342000.10667000.10392780.10332000.10387000.10355420.10667002No Detector, Delay Harvest, Buy Spores

    Prob of Low Acidity0.20.15342000.15644500.15391070.15332000.15404500.15357130.15644502No Detector, Delay Harvest, Buy Spores

    Prob of Sugar > 25%0.50.20342000.20622000.20389360.20332000.20422000.20358840.20622002No Detector, Delay Harvest, Buy Spores

    Prob of Immigration Laws0.10.25342000.25599500.25387650.25332000.25439500.25360550.25599502No Detector, Delay Harvest, Buy Spores

    Risk Odds1.00001160.30342000.30577000.30385940.30332000.30457000.30362260.30577002No Detector, Delay Harvest, Buy Spores

    a10.35342000.35554500.35384230.35332000.35474500.35363970.35554502No Detector, Delay Harvest, Buy Spores

    b-10.40342000.40532000.40382520.40332000.40492000.40365680.40532002No Detector, Delay Harvest, Buy Spores

    0.45342000.45509500.45380810.45332000.45509500.45367390.45509502No Detector, Delay Harvest, Buy Spores

    Random Stuff0.50342000.50487000.50379100.50332000.50527000.50369100.50527005Use Detector, Delay Harvest, Buy Spores

    Prob of Mold with Spores10.55342000.55464500.55377390.55332000.55544500.55370810.55544505Use Detector, Delay Harvest, Buy Spores

    Cost of Spores-$10,000.000.60342000.60442000.60375680.60332000.60562000.60372520.60562005Use Detector, Delay Harvest, Buy Spores

    Detector Accuracy0.80.65342000.65419500.65373970.65332000.65579500.65374230.65579505Use Detector, Delay Harvest, Buy Spores

    Cost of Detector-$1,000.000.70342000.70397000.70372260.70332000.70597000.70375940.70597005Use Detector, Delay Harvest, Buy Spores

    Immigration Fine-$10,000.000.75342000.75374500.75370550.75332000.75614500.75377650.75614505Use Detector, Delay Harvest, Buy Spores

    Good Reputation$15,000.000.80342000.80352000.80368840.80332000.80632000.80379360.80632005Use Detector, Delay Harvest, Buy Spores

    Bad Reputation-$25,000.000.85342000.85329500.85367130.85332000.85649500.85381070.85649505Use Detector, Delay Harvest, Buy Spores

    Bulk Wine Rate0.50.90342000.90307000.90365420.90332000.90667000.90382780.90667005Use Detector, Delay Harvest, Buy Spores

    Vol Increase / rain1.0750.95342000.95284500.95363710.95332000.95684500.95384490.95684505Use Detector, Delay Harvest, Buy Spores

    Vol Decrease / mold0.71.00342001.00262001.00362001.00332001.00702001.00386201.00702005Use Detector, Delay Harvest, Buy Spores

    112233445566

    Revenue with no spores/detectors

    Harvest Now$34,200.00Use Tree v2p_mold34200p_mold47350p_mold37807.4p_mold33200p_mold53750p_mold37012.6p_mold

    Good Mold$82,200.000.05342000.05473500.0526407.60.05332000.05537500.0524157.50.05537505Use Detector, Delay Harvest, Buy Spores

    Thin Wine$800.000.10342000.10473500.1028036.10.10332000.10537500.1025993.90.10537505Use Detector, Delay Harvest, Buy Spores

    Bulk Wine$12,900.000.15342000.15473500.1529664.70.15332000.15537500.1527830.40.15537505Use Detector, Delay Harvest, Buy Spores

    Low Acidity$30,000.000.20342000.20473500.2031293.20.20332000.20537500.2029666.80.20537505Use Detector, Delay Harvest, Buy Spores

    > 25% sugar$42,000.000.25342000.25473500.2532921.80.25332000.25537500.2531503.30.25537505Use Detector, Delay Harvest, Buy Spores

    < 25% sugar$36,000.000.30342000.30473500.3034550.30.30332000.30537500.3033339.70.30537505Use Detector, Delay Harvest, Buy Spores

    0.35342000.35473500.3536178.90.35332000.35537500.3535176.20.35537505Use Detector, Delay Harvest, Buy Spores

    Wine Bottle Specs0.40342000.40473500.4037807.40.40332000.40537500.4037012.60.40537505Use Detector, Delay Harvest, Buy Spores

    # cases10000.45342000.45473500.4539436.00.45332000.45537500.4538849.10.45537505Use Detector, Delay Harvest, Buy Spores

    # bottles / case120.50342000.50473500.5041064.50.50332000.50537500.5040685.50.50537505Use Detector, Delay Harvest, Buy Spores

    Harvest Early Wine$2.850.55342000.55473500.5542693.10.55332000.55537500.5542522.00.55537505Use Detector, Delay Harvest, Buy Spores

    Moldy (Good) Wine bottle$8.000.60342000.60473500.6044321.60.60332000.60537500.6044358.40.60537505Use Detector, Delay Harvest, Buy Spores

    Thin Wine$2.000.65342000.65473500.6545950.20.65332000.65537500.6546194.90.65537505Use Detector, Delay Harvest, Buy Spores

    Bulk Wine$1.000.70342000.70473500.7047578.70.70332000.70537500.7048031.30.70537505Use Detector, Delay Harvest, Buy Spores

    Low Acid Wine$2.500.75342000.75473500.7549207.30.75332000.75537500.7549867.80.75537505Use Detector, Delay Harvest, Buy Spores

    Good Sugar$3.500.80342000.80473500.8050835.80.80332000.80537500.8051704.20.80537505Use Detector, Delay Harvest, Buy Spores

    Decent Sugar$3.000.85342000.85473500.8552464.40.85332000.85537500.8553540.70.85537505Use Detector, Delay Harvest, Buy Spores

    0.90342000.90473500.9054092.90.90332000.90537500.9055377.10.9055377.16Use Detector, Delay Harvest, No Spores

    Detector Accuracy Measures0.95342000.95473500.9555721.50.95332000.95537500.9557213.60.9557213.556Use Detector, Delay Harvest, No Spores

    Says "Rain"0.5181.00342001.00473501.0057350.01.00332001.00537501.0059050.01.00590506Use Detector, Delay Harvest, No Spores

    Says "No Rain"0.482112233445566

    Rain given "Rain"0.819

    No Rain given "Rain"0.181Use Tree v2p_lowacid34200p_lowacid47350p_lowacid37807.4p_lowacid33200p_lowacid53750p_lowacid37012.6p_lowacid

    Rain given "No Rain"0.2200.05342000.0548065.50.05385230.05332000.0554384.50.05376470.0554384.55Use Detector, Delay Harvest, Buy Spores

    No Rain given "No Rain"0.7800.10342000.10478270.10382840.10332000.10541730.10374360.10541735Use Detector, Delay Harvest, Buy Spores

    0.15342000.1547588.50.15380460.15332000.1553961.50.15372240.1553961.55Use Detector, Delay Harvest, Buy Spores

    0.20342000.20473500.20378070.20332000.20537500.20370130.20537505Use Detector, Delay Harvest, Buy Spores

    0.25342000.2547111.50.25375690.25332000.2553538.50.25368010.2553538.55Use Detector, Delay Harvest, Buy Spores

    0.30342000.30468730.30373300.30332000.30533270.30365900.30533275Use Detector, Delay Harvest, Buy Spores

    0.35342000.3546634.50.35370920.35332000.3553115.50.35363780.3553115.55Use Detector, Delay Harvest, Buy Spores

    0.40342000.40463960.40368530.40332000.40529040.40361670.40529045Use Detector, Delay Harvest, Buy Spores

    0.45342000.4546157.50.45366150.45332000.4552692.50.45359550.4552692.55Use Detector, Delay Harvest, Buy Spores

    0.50342000.50459190.50363760.50332000.50524810.50357440.50524815Use Detector, Delay Harvest, Buy Spores

    0.55342000.5545680.50.55361380.55332000.5552269.50.55355320.5552269.55Use Detector, Delay Harvest, Buy Spores

    0.60342000.60454420.60358990.60332000.60520580.60353210.60520585Use Detector, Delay Harvest, Buy Spores

    0.65342000.6545203.50.65356610.65332000.6551846.50.65351090.6551846.55Use Detector, Delay Harvest, Buy Spores

    0.70342000.70449650.70354220.70332000.70516350.70348980.70516355Use Detector, Delay Harvest, Buy Spores

    0.75342000.7544726.50.75351840.75332000.7551423.50.75346860.7551423.55Use Detector, Delay Harvest, Buy Spores

    0.80342000.80444880.80349450.80332000.80512120.80344750.80512125Use Detector, Delay Harvest, Buy Spores

    0.85342000.8544249.50.85347070.85332000.8551000.50.85342630.8551000.55Use Detector, Delay Harvest, Buy Spores

    0.90342000.90440110.90344680.90332000.90507890.90340520.90507895Use Detector, Delay Harvest, Buy Spores

    0.95342000.9543772.50.95342300.95332000.9550577.50.95338400.9550577.55Use Detector, Delay Harvest, Buy Spores

    1.00342001.00435341.00339911.00332001.00503661.00336291.00503665Use Detector, Delay Harvest, Buy Spores

    112233445566

    Use Tree v2p_goodsugar34200p_goodsugar47350p_goodsugar37807.4p_goodsugar33200p_goodsugar53750p_goodsugar37012.6p_goodsugar

    0.05342000.05473500.05376930.05332000.0552734.80.05359970.0552734.85Use Detector, Delay Harvest, Buy Spores

    0.10342000.10473500.10377060.10332000.1052847.60.10361100.1052847.65Use Detector, Delay Harvest, Buy Spores

    0.15342000.15473500.15377180.15332000.1552960.40.15362230.1552960.45Use Detector, Delay Harvest, Buy Spores

    0.20342000.20473500.20377310.20332000.2053073.20.20363360.2053073.25Use Detector, Delay Harvest, Buy Spores

    0.25342000.25473500.25377440.25332000.25531860.25364490.25531865Use Detector, Delay Harvest, Buy Spores

    0.30342000.30473500.30377570.30332000.3053298.80.30365610.3053298.85Use Detector, Delay Harvest, Buy Spores

    0.35342000.35473500.35377690.35332000.3553411.60.35366740.3553411.65Use Detector, Delay Harvest, Buy Spores

    0.40342000.40473500.40377820.40332000.4053524.40.40367870.4053524.45Use Detector, Delay Harvest, Buy Spores

    0.45342000.45473500.45377950.45332000.4553637.20.45369000.4553637.25Use Detector, Delay Harvest, Buy Spores

    0.50342000.50473500.50378070.50332000.50537500.50370130.50537505Use Detector, Delay Harvest, Buy Spores

    0.55342000.55473500.55378200.55332000.5553862.80.55371250.5553862.85Use Detector, Delay Harvest, Buy Spores

    0.60342000.60473500.60378330.60332000.6053975.60.60372380.6053975.65Use Detector, Delay Harvest, Buy Spores

    0.65342000.65473500.65378460.65332000.6554088.40.65373510.6554088.45Use Detector, Delay Harvest, Buy Spores

    0.70342000.70473500.70378580.70332000.7054201.20.70374640.7054201.25Use Detector, Delay Harvest, Buy Spores

    0.75342000.75473500.75378710.75332000.75543140.75375770.75543145Use Detector, Delay Harvest, Buy Spores

    0.80342000.80473500.80378840.80332000.8054426.80.80376890.8054426.85Use Detector, Delay Harvest, Buy Spores

    0.85342000.85473500.85378960.85332000.8554539.60.85378020.8554539.65Use Detector, Delay Harvest, Buy Spores

    0.90342000.90473500.90379090.90332000.9054652.40.90379150.9054652.45Use Detector, Delay Harvest, Buy Spores

    0.95342000.95473500.95379220.95332000.9554765.20.95380280.9554765.25Use Detector, Delay Harvest, Buy Spores

    1.00342001.00473501.00379351.00332001.00548781.00381411.00548785Use Detector, Delay Harvest, Buy Spores

    112233445566

    Use Tree v2p_immilaw34200p_immilaw47350p_immilaw37807.4p_immilaw33200p_immilaw53750p_immilaw37012.6p_immilaw

    0.05342000.05478500.05383070.05332000.05542500.05375130.05542505Use Detector, Delay Harvest, Buy Spores

    0.10342000.10473500.10378070.10332000.10537500.10370130.10537505Use Detector, Delay Harvest, Buy Spores

    0.15342000.15468500.15373070.15332000.15532500.15365130.15532505Use Detector, Delay Harvest, Buy Spores

    0.20342000.20463500.20368070.20332000.20527500.20360130.20527505Use Detector, Delay Harvest, Buy Spores

    0.25342000.25458500.25363070.25332000.25522500.25355130.25522505Use Detector, Delay Harvest, Buy Spores

    0.30342000.30453500.30358070.30332000.30517500.30350130.30517505Use Detector, Delay Harvest, Buy Spores

    0.35342000.35448500.35353070.35332000.35512500.35345130.35512505Use Detector, Delay Harvest, Buy Spores

    0.40342000.40443500.40348070.40332000.40507500.40340130.40507505Use Detector, Delay Harvest, Buy Spores

    0.45342000.45438500.45343070.45332000.45502500.45335130.45502505Use Detector, Delay Harvest, Buy Spores

    0.50342000.50433500.50338070.50332000.50497500.50330130.50497505Use Detector, Delay Harvest, Buy Spores

    0.55342000.55428500.55333070.55332000.55492500.55325130.55492505Use Detector, Delay Harvest, Buy Spores

    0.60342000.60423500.60328070.60332000.60487500.60320130.60487505Use Detector, Delay Harvest, Buy Spores

    0.65342000.65418500.65323070.65332000.65482500.65315130.65482505Use Detector, Delay Harvest, Buy Spores

    0.70342000.70413500.70318070.70332000.70477500.70310130.70477505Use Detector, Delay Harvest, Buy Spores

    0.75342000.75408500.75313070.75332000.75472500.75305130.75472505Use Detector, Delay Harvest, Buy Spores

    0.80342000.80403500.80308070.80332000.80467500.80300130.80467505Use Detector, Delay Harvest, Buy Spores

    0.85342000.85398500.85303070.85332000.85462500.85295130.85462505Use Detector, Delay Harvest, Buy Spores

    0.90342000.90393500.90298070.90332000.90457500.90290130.90457505Use Detector, Delay Harvest, Buy Spores

    0.95342000.95388500.95293070.95332000.95452500.95285130.95452505Use Detector, Delay Harvest, Buy Spores

    1.00342001.00383501.00288071.00332001.00447501.00280131.00447505Use Detector, Delay Harvest, Buy Spores

    112233445566

    Use Tree v3PER BOTTLE U-VALUE

    gammarisk odds0.0000330593risk odds0.00005risk odds0.00004risk odds0.00003risk odds0.0000519565risk odds0.00004

    0.051.050.132811.050.175321.050.141661.050.129191.050.19839257011.050.13832

    0.101.110.247991.110.313771.110.256571.110.241691.110.35376742421.110.24995

    0.151.160.347861.160.423981.160.350741.160.339661.160.47605685911.160.34105

    0.201.220.434471.220.512451.220.428691.220.424971.220.57280503181.220.41622

    0.251.280.509581.280.584091.280.493831.280.499261.280.64975659451.280.47891

    0.301.350.574721.350.642601.350.548741.350.563951.350.71129807371.350.53170

    0.351.420.631201.420.690821.420.595431.420.620281.420.7607891581.420.57659

    0.401.490.680181.490.730911.490.635421.490.669341.490.80081163071.490.61510

    0.451.570.722661.570.764511.570.669911.570.712061.570.83335665261.570.64839

    0.501.650.759491.650.792911.650.699871.650.749261.650.859965861.650.67740

    0.551.730.791431.730.817091.730.726041.730.781651.730.88183783291.730.70284

    0.601.820.819131.820.837831.820.749011.820.809861.820.89990857181.820.72529

    0.651.920.843161.920.855731.920.769301.920.834431.920.91491244741.920.74522

    0.702.010.863992.010.871272.010.787282.010.855822.010.92742845962.010.76299

    0.752.120.882052.120.884842.120.803302.120.874442.120.93791543032.120.77892

    0.802.230.897722.230.896732.230.817632.230.890662.230.94673884812.230.79327

    0.852.340.911302.340.907212.340.830482.340.904792.340.9541914032.340.80623

    0.902.460.923082.460.916472.460.842062.460.917092.460.96050874472.460.81799

    0.952.590.933302.590.924682.590.852532.590.927802.590.96588161622.590.82869

    1.002.720.942162.720.931992.720.862012.720.937132.720.97046523052.720.83846

    112233445566

    TOTAL REVENUE

    gammarisk odds34200.0000000354risk odds47349.75risk odds37807.13risk odds33200.00risk odds53749.84risk odds37012.29gamma

    0.051.0534200.001.0546261.341.0536661.901.0533200.001.0553072.711.0535728.740.0553072.715Use Detector, Delay Harvest, Buy Spores

    0.101.1134200.001.1145185.081.1135577.391.1133200.001.1152391.501.1134513.720.1052391.505Use Detector, Delay Harvest, Buy Spores

    0.151.1634200.001.1644129.601.1634553.711.1633200.001.1651709.771.1633369.060.1551709.775Use Detector, Delay Harvest, Buy Spores

    0.201.2234200.001.2243102.341.2233589.411.2233200.001.2251030.891.2232294.360.2051030.895Use Detector, Delay Harvest, Buy Spores

    0.251.2834200.001.2842109.591.2832682.081.2833200.001.2850358.091.2831287.710.2550358.095Use Detector, Delay Harvest, Buy Spores

    0.301.3534200.001.3541156.291.3531828.691.3533200.001.3549694.421.3530346.120.3049694.425Use Detector, Delay Harvest, Buy Spores

    0.351.4234200.001.4240246.021.4231025.821.4233200.001.4249042.631.4229465.900.3549042.635Use Detector, Delay Harvest, Buy Spores

    0.401.4934200.001.4939381.091.4930269.931.4933200.001.4948405.131.4928642.970.4048405.135Use Detector, Delay Harvest, Buy Spores

    0.451.5734200.001.5738562.591.5729557.451.5733200.001.5747783.981.5727873.090.4547783.985Use Detector, Delay Harvest, Buy Spores

    0.501.6534200.001.6537790.601.6528884.951.6533200.001.6547180.861.6527152.080.5047180.865Use Detector, Delay Harvest, Buy Spores

    0.551.7334200.001.7337064.371.7328249.211.7333200.001.7346597.031.7326475.900.5546597.035Use Detector, Delay Harvest, Buy Spores

    0.601.8234200.001.8236382.491.8227647.201.8233200.001.8246033.421.8225840.760.6046033.425Use Detector, Delay Harvest, Buy Spores

    0.651.9234200.001.9235743.081.9227076.201.9233200.001.9245490.611.9225243.150.6545490.615Use Detector, Delay Harvest, Buy Spores

    0.702.0134200.002.0135143.922.0126533.712.0133200.002.0144968.842.0124679.860.7044968.845Use Detector, Delay Harvest, Buy Spores

    0.752.1234200.002.1234582.602.1226017.492.1233200.002.1244468.122.1224147.980.7544468.125Use Detector, Delay Harvest, Buy Spores

    0.802.2334200.002.2334056.622.2325525.532.2333200.002.2343988.222.2323644.860.8043988.225Use Detector, Delay Harvest, Buy Spores

    0.852.3434200.002.3433563.452.3425056.032.3433200.002.3443528.712.3423168.160.8543528.715Use Detector, Delay Harvest, Buy Spores

    0.902.4634200.002.4633100.642.4624607.392.4633200.002.4643089.012.4622715.750.9043089.015Use Detector, Delay Harvest, Buy Spores

    0.952.5934200.002.5932665.792.5924178.162.5933200.002.5942668.452.5922285.730.9542668.455Use Detector, Delay Harvest, Buy Spores

    1.002.7234200.002.7232256.632.7223767.052.7233200.002.7242266.252.7221876.391.0042266.255Use Detector, Delay Harvest, Buy Spores

    112233445566

    Use Tree v2Max Rev.53750.0

    DS5Use Detector, Delay Harvest, Buy Spores

    p_mold

    50.050.10.150.20.250.30.350.40.450.50.550.60.650.70.750.80.850.90.951

    p_rain0.0522222222222222223333

    0.1022222222222222223333

    0.1522222222222222223333

    0.2022222222222222223333

    0.2522222222222222223333

    0.3022222222222222233333

    0.3522222222222222233333

    0.4022222222222222233333

    0.4522222222222222333333

    0.5055555555555555553333

    0.5555555555555555555666

    0.6055555555555555555666

    0.6555555555555555555666

    0.7055555555555555555666

    0.7555555555555555555666

    0.8055555555555555555666

    0.8555555555555555555666

    0.9055555555555555555666

    0.9555555555555555555666

    1.0055555555555555555666

    Use Tree v2spores_eff34200spores_eff47350spores_eff37807.4spores_eff33200spores_eff53750spores_eff37012.6spores_eff

    0.05342000.0516407.550.05378070.05332000.0518857.450.05370130.0537807.403No Detector, Delay Harvest, No Spores

    0.10342000.1018036.100.10378070.10332000.1020693.900.10370130.1037807.403No Detector, Delay Harvest, No Spores

    0.15342000.1519664.650.15378070.15332000.1522530.350.15370130.1537807.403No Detector, Delay Harvest, No Spores

    0.20342000.2021293.200.20378070.20332000.2024366.800.20370130.2037807.403No Detector, Delay Harvest, No Spores

    0.25342000.2522921.750.25378070.25332000.2526203.250.25370130.2537807.403No Detector, Delay Harvest, No Spores

    0.30342000.3024550.300.30378070.30332000.3028039.700.30370130.3037807.403No Detector, Delay Harvest, No Spores

    0.35342000.3526178.850.35378070.35332000.3529876.150.35370130.3537807.403No Detector, Delay Harvest, No Spores

    0.40342000.4027807.400.40378070.40332000.4031712.600.40370130.4037807.403No Detector, Delay Harvest, No Spores

    0.45342000.4529435.950.45378070.45332000.4533549.050.45370130.4537807.403No Detector, Delay Harvest, No Spores

    0.50342000.5031064.500.50378070.50332000.5035385.500.50370130.5037807.403No Detector, Delay Harvest, No Spores

    0.55342000.5532693.050.55378070.55332000.5537221.950.55370130.5537807.403No Detector, Delay Harvest, No Spores

    0.60342000.6034321.600.60378070.60332000.6039058.400.60370130.6039058.405Use Detector, Delay Harvest, Buy Spores

    0.65342000.6535950.150.65378070.65332000.6540894.850.65370130.6540894.855Use Detector, Delay Harvest, Buy Spores

    0.70342000.7037578.700.70378070.70332000.7042731.300.70370130.7042731.305Use Detector, Delay Harvest, Buy Spores

    0.75342000.7539207.250.75378070.75332000.7544567.750.75370130.7544567.755Use Detector, Delay Harvest, Buy Spores

    0.80342000.8040835.800.80378070.80332000.8046404.200.80370130.8046404.205Use Detector, Delay Harvest, Buy Spores

    0.85342000.8542464.350.85378070.85332000.8548240.650.85370130.8548240.655Use Detector, Delay Harvest, Buy Spores

    0.90342000.9044092.900.90378070.90332000.9050077.100.90370130.9050077.105Use Detector, Delay Harvest, Buy Spores

    0.95342000.9545721.450.95378070.95332000.9551913.550.95370130.9551913.555Use Detector, Delay Harvest, Buy Spores

    1.00342001.0047350.001.00378071.00332001.0053750.001.00370131.0053750.005Use Detector, Delay Harvest, Buy Spores

    112233445566

    Use Tree v1detector_accu34200detector_accu47350detector_accu37807.4detector_accu33200detector_accu49050detector_accu35952.1161825726detector_accu

    0.05342000.05473500.05378070.05332000.05490500.05384670.0549050.005Use Detector, Delay Harvest, Buy Spores

    0.10342000.10473500.10378070.10332000.10490500.10383130.1049050.005Use Detector, Delay Harvest, Buy Spores

    0.15342000.15473500.15378070.15332000.15490500.15381570.1549050.005Use Detector, Delay Harvest, Buy Spores

    0.20342000.20473500.20378070.20332000.20490500.20379990.2049050.005Use Detector, Delay Harvest, Buy Spores

    0.25342000.25473500.25378070.25332000.25490500.25378400.2549050.005Use Detector, Delay Harvest, Buy Spores

    0.30342000.30473500.30378070.30332000.30490500.30376780.3049050.005Use Detector, Delay Harvest, Buy Spores

    0.35342000.35473500.35378070.35332000.35490500.35375150.3549050.005Use Detector, Delay Harvest, Buy Spores

    0.40342000.40473500.40378070.40332000.40490500.40373490.4049050.005Use Detector, Delay Harvest, Buy Spores

    0.45342000.45473500.45378070.45332000.45490500.45371820.4549050.005Use Detector, Delay Harvest, Buy Spores

    0.50342000.50473500.50378070.50332000.50490500.50370130.5049050.005Use Detector, Delay Harvest, Buy Spores

    0.55342000.55473500.55378070.55332000.55490500.55368410.5549050.005Use Detector, Delay Harvest, Buy Spores

    0.60342000.60473500.60378070.60332000.60490500.60366680.6049050.005Use Detector, Delay Harvest, Buy Spores

    0.65342000.65473500.65378070.65332000.65490500.65364920.6549050.005Use Detector, Delay Harvest, Buy Spores

    0.70342000.70473500.70378070.70332000.70490500.70363140.7049050.005Use Detector, Delay Harvest, Buy Spores

    0.75342000.75473500.75378070.75332000.75490500.75361340.7549050.005Use Detector, Delay Harvest, Buy Spores

    0.80342000.80473500.80378070.80332000.80490500.80359520.8049050.005Use Detector, Delay Harvest, Buy Spores

    0.85342000.85473500.85378070.85332000.85490500.85357680.8549050.005Use Detector, Delay Harvest, Buy Spores

    0.90342000.90473500.90378070.90332000.90490500.90355810.9049050.005Use Detector, Delay Harvest, Buy Spores

    0.95342000.95473500.95378070.95332000.95490500.95353920.9549050.005Use Detector, Delay Harvest, Buy Spores

    1.00342001.00473501.00378071.00332001.00490501.00352001.0049050.005Use Detector, Delay Harvest, Buy Spores

    112233445566

    Sensitivity Graphs

    123456

    No Detector, Harvest NowNo Detector, Delay Harvest, Buy SporesNo Detector, Delay Harvest, No SporesUse Detector, Harvest NowUse Detector, Delay Harvest, Buy SporesUse Detector, Delay Harvest, No Spores

    at p_rain = 0.618, the optimal decision set changes from 2 to 5

    at p_mold = 0.840, the optimal decision set changes from 2 to 3

    3, 6x

    415824580.5911495911

    2,3

    32571225710.6929784164

    2,6

    25029367290.6814506248

    DS 6 surpass DS 2 before DS 3 does.

    for all p_lowacid, the optimal decision set is 5

    for all p_goodsugar, the optimal decision set is 5

    for all p_immilawpass, the optimal decision set is 5

    at gamma=0.785, the optimal decision set changes from 2 to 1

    In above diagram, at low probabilities for both rain and mold, the optimal decision set is 2 (blue).

    At low probabilities of mold, and concentrated at high probabilities of rain, the optimal decision set is 5 (red).

    At high probabilities of mold, and concentrated at low probabilities of rain, the optimal decision set is 3 (yellow).

    At high probabilities for both rain and mold, the optimal decision set is 6 (aqua).

    at p=0.707, the optimal decision set changes from 3 to 2

    regardless of detector accuracy, mr. jaeger shoud always use detector, spores, and harvest later.

    Sensitivity Graphs

    342004735026407.55332005375024157.45

    342004735028036.1332005375025993.9

    342004735029664.65332005375027830.35

    342004735031293.2332005375029666.8

    342004735032921.75332005375031503.25

    342004735034550.3332005375033339.7

    342004735036178.85332005375035176.15

    342004735037807.4332005375037012.6

    342004735039435.95332005375038849.05

    342004735041064.5332005375040685.5

    342004735042693.05332005375042521.95

    342004735044321.6332005375044358.4

    342004735045950.15332005375046194.85

    342004735047578.7332005375048031.3

    342004735049207.25332005375049867.75

    342004735050835.8332005375051704.2

    342004735052464.35332005375053540.65

    342004735054092.9332005375055377.1

    342004735055721.45332005375057213.55

    342004735057350332005375059050

    No Detector, Harvest Now

    No Detector, Delay Harvest, Buy Spores

    No Detector, Delay Harvest, No Spores

    Use Detector, Harvest Now

    Use Detector, Delay Harvest, Buy Spores

    Use Detector, Delay Harvest, No Spores

    Probability of Mold

    Revenue

    Sensitivity to Probability of Mold

    Tree v1

    342006895039449332003695035371

    342006670039278332003870035542

    342006445039107332004045035713

    342006220038936332004220035884

    342005995038765332004395036055

    342005770038594332004570036226

    342005545038423332004745036397

    342005320038252332004920036568

    342005095038081332005095036739

    342004870037910332005270036910

    342004645037739332005445037081

    342004420037568332005620037252

    342004195037397332005795037423

    342003970037226332005970037594

    342003745037055332006145037765

    342003520036884332006320037936

    342003295036713332006495038107

    342003070036542332006670038278

    342002845036371332006845038449

    342002620036200332007020038620

    No Detector, Harvest Now

    No Detector, Delay Harvest, Buy Spores

    No Detector, Delay Harvest, No Spores

    Use Detector, Harvest Now

    Use Detector, Delay Harvest, Buy Spores

    Use Detector, Delay Harvest, No Spores

    Probability of Rain

    Revenue

    Sensitivity to Probability of Rain

    Tree v2

    3420048065.538522.93320054384.537647.1

    342004782738284.4332005417337435.6

    3420047588.538045.93320053961.537224.1

    342004735037807.4332005375037012.6

    3420047111.537568.93320053538.536801.1

    342004687337330.4332005332736589.6

    3420046634.537091.93320053115.536378.1

    342004639636853.4332005290436166.6

    3420046157.536614.93320052692.535955.1

    342004591936376.4332005248135743.6

    3420045680.536137.93320052269.535532.1

    342004544235899.4332005205835320.6

    3420045203.535660.93320051846.535109.1

    342004496535422.4332005163534897.6

    3420044726.535183.93320051423.534686.1

    342004448834945.4332005121234474.6

    3420044249.534706.93320051000.534263.1

    342004401134468.4332005078934051.6

    3420043772.534229.93320050577.533840.1

    342004353433991.4332005036633628.6

    No Detector, Harvest Now

    No Detector, Delay Harvest, Buy Spores

    No Detector, Delay Harvest, No Spores

    Use Detector, Harvest Now

    Use Detector, Delay Harvest, Buy Spores

    Use Detector, Delay Harvest, No Spores

    Probability of Low Acidity

    Revenue

    Sensitivity to Probability of Low Acidity

    Tree v3 (Var. Risk Odds)

    342004735037692.923320052734.835997.4

    342004735037705.643320052847.636110.2

    342004735037718.363320052960.436223

    342004735037731.083320053073.236335.8

    342004735037743.8332005318636448.6

    342004735037756.523320053298.836561.4

    342004735037769.243320053411.636674.2

    342004735037781.963320053524.436787

    342004735037794.683320053637.236899.8

    342004735037807.4332005375037012.6

    342004735037820.123320053862.837125.4

    342004735037832.843320053975.637238.2

    342004735037845.563320054088.437351

    342004735037858.283320054201.237463.8

    342004735037871332005431437576.6

    342004735037883.723320054426.837689.4

    342004735037896.443320054539.637802.2

    342004735037909.163320054652.437915

    342004735037921.883320054765.238027.8

    342004735037934.6332005487838140.6

    No Detector, Harvest Now

    No Detector, Delay Harvest, Buy Spores

    No Detector, Delay Harvest, No Spores

    Use Detector, Harvest Now

    Use Detector, Delay Harvest, Buy Spores

    Use Detector, Delay Harvest, No Spores

    Probability of >=25% Sugar

    Revenue

    Sensitivity to Probability of >=25% Sugar

    Tree v4 (Var. Risk Odds)

    342004785038307.4332005425037512.6

    342004735037807.4332005375037012.6

    342004685037307.4332005325036512.6

    342004635036807.4332005275036012.6

    342004585036307.4332005225035512.6

    342004535035807.4332005175035012.6

    342004485035307.4332005125034512.6

    342004435034807.4332005075034012.6

    342004385034307.4332005025033512.6

    342004335033807.4332004975033012.6

    342004285033307.4332004925032512.6

    342004235032807.4332004875032012.6

    342004185032307.4332004825031512.6

    342004135031807.4332004775031012.6

    342004085031307.4332004725030512.6

    342004035030807.4332004675030012.6

    342003985030307.4332004625029512.6

    342003935029807.4332004575029012.6

    342003885029307.4332004525028512.6

    342003835028807.4332004475028012.6

    No Detector, Harvest Now

    No Detector, Delay Harvest, Buy Spores

    No Detector, Delay Harvest, No Spores

    Use Detector, Harvest Now

    Use Detector, Delay Harvest, Buy Spores

    Use Detector, Delay Harvest, No Spores

    Probability of Immi. Law Pass

    Revenue

    Sensitivity to Probability of Immi. Law Pass

    3420046261.339190590136661.89543986053320053072.707160582535728.7362881907

    3420045185.078130455335577.38554410383320052391.497858176234513.7152848782

    3420044129.596302884934553.70703502113320051709.768824129533369.0568826677

    3420043102.343137860733589.40586534053320051030.886195971132294.3562728555

    3420042109.589553045232682.07864043013320050358.092251373831287.7070596405

    3420041156.285778976731828.68654828953320049694.42080121530346.1205079244

    3420040246.023944209431025.82310128853320049042.62623646829465.9027335954

    3420039381.090932763130269.92822021163320048405.129672936328642.9694801903

    3420038562.589171665329557.44923761923320047783.983850840827873.0922810591

    3420037790.600481671328884.95429321413320047180.856700483827152.0793124527

    3420037064.369867762728249.20593847473320046597.032009614526475.8995236757

    3420036382.490496919727647.20332805153320046033.424566647925840.7607212652

    3420035743.076506843327076.20085079993320045490.606555910725243.1523006103

    3420035143.91550911326533.70997969073320044968.841814843524679.862187728

    3420034582.596995203126017.48985857173320044468.124742610424147.975934714

    3420034056.61605984425525.5309109483320043988.221064650723644.8642158079

    3420033563.453954297125056.03466277663320043528.708199102923168.1634199098

    3420033100.638158867624607.39206088913320043089.013547019722715.7527265596

    3420032665.785157382124178.16184443283320042668.449572336822285.7300071788

    3420032256.629132377623767.04997153273320042266.245008853221876.3880931282

    No Detector, Harvest Now

    No Detector, Delay Harvest, Buy Spores

    No Detector, Delay Harvest, No Spores

    Use Detector, Harvest Now

    Use Detector, Delay Harvest, Buy Spores

    Use Detector, Delay Harvest, No Spores

    Risk Aversion Coefficient (gamma)

    Revenue

    Sensitivity to Risk Aversion Coefficient

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222355555555555

    22222333355555555555

    33333333335555555555

    33333333336666666666

    33333333336666666666

    33333333336666666666

    0.05

    0.1

    0.15

    0.2

    0.25

    0.3

    0.35

    0.4

    0.45

    0.5

    0.55

    0.6

    0.65

    0.7

    0.75

    0.8

    0.85

    0.9

    0.95

    1

    Probability of Rain

    Decision Set Number

    Probabilty of Mold

    Optimal Decision Set(p_rain, p_mold)

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222355555555555

    22222333355555555555

    33333333335555555555

    33333333336666666666

    33333333336666666666

    33333333336666666666

    0.05

    0.1

    0.15

    0.2

    0.25

    0.3

    0.35

    0.4

    0.45

    0.5

    0.55

    0.6

    0.65

    0.7

    0.75

    0.8

    0.85

    0.9

    0.95

    1

    Probability of Rain

    Probabilty of Mold

    Optimal Decision Set(p_rain, p_mold)

    3420016407.5537807.43320018857.4537012.6

    3420018036.137807.43320020693.937012.6

    3420019664.6537807.43320022530.3537012.6

    3420021293.237807.43320024366.837012.6

    3420022921.7537807.43320026203.2537012.6

    3420024550.337807.43320028039.737012.6

    3420026178.8537807.43320029876.1537012.6

    3420027807.437807.43320031712.637012.6

    3420029435.9537807.43320033549.0537012.6

    3420031064.537807.43320035385.537012.6

    3420032693.0537807.43320037221.9537012.6

    3420034321.637807.43320039058.437012.6

    3420035950.1537807.43320040894.8537012.6

    3420037578.737807.43320042731.337012.6

    3420039207.2537807.43320044567.7537012.6

    3420040835.837807.43320046404.237012.6

    3420042464.3537807.43320048240.6537012.6

    3420044092.937807.43320050077.137012.6

    3420045721.4537807.43320051913.5537012.6

    342004735037807.4332005375037012.6

    No Detector, Harvest Now

    No Detector, Delay Harvest, Buy Spores

    No Detector, Delay Harvest, No Spores

    Use Detector, Harvest Now

    Use Detector, Delay Harvest, Buy Spores

    Use Detector, Delay Harvest, No Spores

    Effective Rate of Spores

    Revenue

    Sensitivity to Effective Rate of Spores

    342004735037807.4332004905038467.495256167

    342004735037807.4332004905038313.2442748092

    342004735037807.4332004905038157.216890595

    342004735037807.4332004905037999.3822393822

    342004735037807.4332004905037839.7087378641

    342004735037807.4332004905037678.1640625

    342004735037807.4332004905037514.7151277014

    342004735037807.4332004905037349.3280632411

    342004735037807.4332004905037181.9681908549

    342004735037807.4332004905037012.6

    342004735037807.4332004905036841.1871227364

    342004735037807.4332004905036667.6923076923

    342004735037807.4332004905036492.0773930754

    342004735037807.4332004905036314.3032786885

    342004735037807.4332004905036134.3298969072

    342004735037807.4332004905035952.1161825726

    342004735037807.4332004905035767.6200417537

    342004735037807.4332004905035580.7983193277

    342004735037807.4332004905035391.6067653277

    342004735037807.4332004905035200

    No Detector, Harvest Now

    No Detector, Delay Harvest, Buy Spores

    No Detector, Delay Harvest, No Spores

    Use Detector, Harvest Now

    Use Detector, Delay Harvest, Buy Spores

    Use Detector, Delay Harvest, No Spores

    Detector Accuracy

    Revenue

    Sensitivity to Detector Accuracy

    Value MeasureU-Value

    0Harvest Now

    3420034200

    0.2Low Acidity

    1000010000

    0.1Immi. Law Pass

    0.5>=25% Sugar

    17200172002200022000

    0.8Normal Acidity

    19000190000.5=25% Sugar

    27200272003200032000

    0.8Normal Acidity

    0No Detector29000290000.5>>Spores2600026000

    4735047350

    4735047350

    1Mold

    6220062200

    0.1Immi. Law Pass

    >>>Sell in Bulk

    6220062200-7100-7100

    0No Mold

    -7100-71000Sell in Cases

    0.47Rain-19200-19200

    7120071200

    1Mold

    7220072200

    0.9Immi. Law Fail

    >>>Sell in Bulk

    722007220029002900

    0No Mold

    290029000Sell in Cases

    >>>Harvest Later-9200-9200

    4735047350

    0.2Low Acidity

    2000020000

    0.1Immi. Law Pass

    0.5>=25% Sugar

    27200272003200032000

    0.8Normal Acidity

    29000290000.5=25% Sugar

    37200372004200042000

    0.8Normal Acidity

    39000390000.5>>Sell in Bulk

    306203062029002900

    0.6No Mold

    290029000Sell in Cases

    0.47Rain-9200-9200

    3962039620

    0.4Mold

    8220082200

    0.9Immi. Law Fail

    >>>Sell in Bulk

    40620406201290012900

    0.6No Mold

    12900129000Sell in Cases

    800800

    0Harvest Now

    49462.523320033200

    49462.52

    1Mold

    6120061200

    0.1Immi. Law Pass

    >>>Sell in Bulk

    6120061200-8100-8100

    0No Mold

    -8100-81000Sell in Cases

    0.819Rain-20200-20200

    7020070200

    1Mold

    7120071200

    0.9Immi. Law Fail

    >>>Sell in Bulk

    712007120019001900

    0No Mold

    0.518Says Rain190019000Sell in Cases

    >>>Spores-10200-10200

    62033.976833976862033.9768339768

    62033.976833976862033.9768339768

    0.2Low Acidity

    90009000

    0.1Immi. Law Pass

    0.5>=25% Sugar

    16200162002100021000

    0.8Normal Acidity

    18000180000.5=25% Sugar

    26200262003100031000

    0.8Normal Acidity

    28000280000.5>>Harvest Later2500025000

    62033.976833976862033.9768339768

    0.4Mold

    7120071200

    0.1Immi. Law Pass

    >>>Sell in Bulk

    296202962019001900

    0.6No Mold

    190019000Sell in Cases

    0.220Rain-10200-10200

    3862038620

    0.4Mold

    8120081200

    0.9Immi. Law Fail

    >>>Sell in Bulk

    39620396201190011900

    0.6No Mold

    11900119000Sell in Cases

    0No Spores-200-200

    >>>Detector

    35952.116182572635952.1161825726

    49462.5249462.520.2Low Acidity

    1900019000

    0.1Immi. Law Pass

    0.5>=25% Sugar

    26200262003100031000

    0.8Normal Acidity

    28000280000.5Sell in Bulk

    6120061200-8100-8100

    0No Mold

    -8100-81000Sell in Cases

    0Rain-20200-20200

    7020070200

    1Mold

    7120071200

    0.9Immi. Law Fail

    >>>Sell in Bulk

    712007120019001900

    0No Mold

    0.482Says No Rain190019000Sell in Cases

    0Spores-10200-10200

    35952.116182572635952.1161825726

    35096.26556016635096.265560166

    0.2Low Acidity

    90009000

    0.1Immi. Law Pass

    0.5>=25% Sugar

    16200162002100021000

    0.8Normal Acidity

    18000180000.5=25% Sugar

    26200262003100031000

    0.8Normal Acidity

    28000280000.5>>Harvest Later2500025000

    35952.116182572635952.1161825726

    0.4Mold

    7120071200

    0.1Immi. Law Pass

    >>>Sell in Bulk

    296202962019001900

    0.6No Mold

    190019000Sell in Cases

    0.2199170124Rain-10200-10200

    3862038620

    0.4Mold

    8120081200

    0.9Immi. Law Fail

    >>>Sell in Bulk

    39620396201190011900

    0.6No Mold

    11900119000Sell in Cases

    >>>No Spores-200-200

    35952.116182572635952.1161825726

    0.2Low Acidity

    1900019000

    0.1Immi. Law Pass

    0.5>=25% Sugar

    26200262003100031000

    0.8Normal Acidity

    28000280000.5=25% Sugar

    36200362004100041000

    0.8Normal Acidity

    38000380000.5=25% Sugar

    17200172002200022000

    0.8Normal Acidity

    19000190000.5=25% Sugar

    27200272003200032000

    0.8Normal Acidity

    0No Detector29000290000.5>>Spores2600026000

    4735047350

    4735047350

    1Mold

    6220062200

    0.1Immi. Law Pass

    >>>Sell in Bulk

    6220062200-7100-7100

    0No Mold

    -7100-71000Sell in Cases

    0.47Rain-19200-19200

    7120071200

    1Mold

    7220072200

    0.9Immi. Law Fail

    >>>Sell in Bulk

    722007220029002900

    0No Mold

    290029000Sell in Cases

    >>>Harvest Later-9200-9200

    4735047350

    0.2Low Acidity

    2000020000

    0.1Immi. Law Pass

    0.5>=25% Sugar

    27200272003200032000

    0.8Normal Acidity

    29000290000.5=25% Sugar

    37200372004200042000

    0.8Normal Acidity

    39000390000.5>>Sell in Bulk

    306203062029002900

    537500.6No Mold

    53750

    290029000Sell in Cases

    0.47Rain-9200-9200

    3962039620

    0.4Mold

    8220082200

    0.9Immi. Law Fail

    >>>Sell in Bulk

    40620406201290012900

    0.6No Mold

    12900129000Sell in Cases

    800800

    0Harvest Now

    3320033200

    1Mold

    6120061200

    0.1Immi. Law Pass

    >>>Sell in Bulk

    6120061200-8100-8100

    0No Mold

    0.53Rain-8100-81000Sell in Cases

    >>>Spores-20200-20200

    7020070200

    7020070200

    1Mold

    7120071200

    0.9Immi. Law Fail

    >>>Sell in Bulk

    712007120019001900

    0No Mold

    190019000Sell in Cases

    >>>Harvest Later-10200-10200

    7020070200

    0.4Mold

    7120071200

    0.1Immi. Law Pass

    >>>Sell in Bulk

    296202962019001900

    0.6No Mold

    >>>Detector

    190019000Sell in Cases

    53750537500No Spores-10200-10200

    3862038620

    0.4Mold

    8120081200

    0.9Immi. Law Fail

    >>>Sell in Bulk

    39620396201190011900

    0.6No Mold

    11900119000Sell in Cases

    -200-200

    0Harvest Now

    3320033200

    0.2Low Acidity

    1900019000

    0.47No Rain

    0.1Immi. Law Pass

    35200352000.5>=25% Sugar

    26200262003100031000

    0.8Normal Acidity

    28000280000.5>>Harvest Later>>>No Spores2500025000

    35200352003520035200

    0.2Low Acidity

    2900029000

    0.9Immi. Law Pass

    0.5>=25% Sugar

    36200362004100041000

    0.8Normal Acidity

    38000380000.5=25% Sugar0.0000000

    0.00001662640.0000166264220000.0000213

    0.8Normal Acidity0.0000000

    0.0000000

    0.00001836640.00001836640.5=25% Sugar0.0000000

    0.00002629280.0000262928320000.0000309

    0.8Normal Acidity0.0000000

    0.0000000

    0No Detector0.00002803280.00002803280.5>>Spores260000.0000251

    0.00004577010.00004580.0000000

    0.00004577010.00004577010.0000000

    1Mold0.0000000

    622000.0000601

    0.0000000

    0.1Immi. Law Pass0.0000000

    >>>Sell in Bulk0.0000000

    0.00006012450.0000601245-7100-0.0000069

    0No Mold0.0000000

    0.0000000

    -0.0000068633-0.00000690Sell in Cases0.0000000

    0.47Rain-19200-0.0000186

    0.0000000

    0.00006882390.00006882390.0000000

    1Mold0.0000000

    722000.0000698

    0.0000000

    0.9Immi. Law Fail0.0000000

    >>>Sell in Bulk0.0000000

    0.00006979050.000069790529000.0000028

    0No Mold0.0000000

    0.0000000

    0.00000280330.00000280Sell in Cases0.0000000

    >>>Harvest Later-9200-0.0000089

    0.0000000

    0.00004577010.00004577010.0000000

    0.2Low Acidity0.0000000

    200000.0000193

    0.0000000

    0.1Immi. Law Pass0.0000000

    0.5>=25% Sugar0.0000000

    0.00002629280.0000262928320000.0000309

    0.8Normal Acidity0.0000000

    0.0000000

    0.00002803280.00002803280.5=25% Sugar0.0000000

    0.00003595910.0000359591420000.0000406

    0.8Normal Acidity0.0000000

    0.0000000

    0.00003769910.00003769910.5>>Sell in Bulk0.0000000

    0.00002959820.000029598229000.0000028

    0.00005195650.6No Mold0.0000000

    0.00005195650.0000000

    0.00000280330.00000280Sell in Cases0.0000000

    0.47Rain-9200-0.0000089

    0.0000000

    0.00003829780.00003829780.0000000

    0.4Mold0.0000000

    822000.0000795

    0.0000000

    0.9Immi. Law Fail0.0000000

    >>>Sell in Bulk0.0000000

    0.00003926450.0000392645129000.0000125

    0.6No Mold0.0000000

    0.0000000

    0.00001246980.00001246980Sell in Cases0.0000000

    8000.0000008

    0.0000000

    0.0000000

    0Harvest Now0.0000000

    332000.0000321

    0.0000000

    0.0000000

    1Mold0.0000000

    612000.0000592

    0.0000000

    0.1Immi. Law Pass0.0000000

    >>>Sell in Bulk0.0000000

    0.00005915790.0000591579-8100-0.0000078

    0No Mold0.0000000

    0.0000000

    0.53Rain-0.00000783-0.000007830Sell in Cases0.0000000

    >>>Spores-20200-0.0000195

    0.00006785730.00006785730.0000000

    0.00006785730.00006785730.0000000

    1Mold0.0000000

    712000.0000688

    0.0000000

    0.9Immi. Law Fail0.0000000

    >>>Sell in Bulk0.0000000

    0.00006882390.000068823919000.0000018

    0No Mold0.0000000

    0.0000000

    0.00000183670.00000183670Sell in Cases0.0000000

    >>>Harvest Later-10200-0.0000099

    0.0000000

    0.00006785730.00006785730.0000000

    0.4Mold0.0000000

    712000.0000688

    0.0000000

    0.1Immi. Law Pass0.0000000

    >>>Sell in Bulk0.0000000

    0.00002863160.000028631619000.0000018

    0.6No Mold0.0000000

    >>>Detector0.0000000

    0.00000183670.00000183670Sell in Cases0.0000000

    0.00005195650.00005195650No Spores-10200-0.0000099

    0.0000000

    53749.84358314250.00003733120.00003733120.0000000

    0.4Mold0.0000000

    812000.0000785

    0.0000000

    0.9Immi. Law Fail0.0000000

    >>>Sell in Bulk0.0000000

    0.00003829780.0000382978119000.0000115

    0.6No Mold0.0000000

    0.0000000

    0.00001150320.00001150320Sell in Cases0.0000000

    -200-0.0000002

    0.0000000

    0.0000000

    0Harvest Now0.0000000

    332000.0000321

    0.0000000

    0.0000000

    0.2Low Acidity0.0000000

    190000.0000184

    0.47No Rain0.0000000

    0.1Immi. Law Pass0.0000000

    0.00003402590.00003402590.5>=25% Sugar0.0000000

    0.00002532620.0000253262310000.0000300

    0.8Normal Acidity0.0000000

    0.0000000

    0.00002706610.00002706610.5>>Harvest Later>>>No Spores250000.0000242

    0.0000000

    0.00003402590.00003402590.00003402590.00003402590.0000000

    0.2Low Acidity0.0000000

    290000.0000280

    0.0000000

    0.9Immi. Law Pass0.0000000

    0.5>=25% Sugar0.0000000

    0.00003499250.0000349925410000.0000396

    0.8Normal Acidity0.0000000

    0.0000000

    0.00003673240.00003673240.5=25% Sugar0.0000000

    0.17975709880.1797570988220000.2252373

    0.8Normal Acidity0.0000000

    0.0000000

    0.1973153290.1973153290.5=25% Sugar0.0000000

    0.26959352790.2695935279320000.3100926

    0.8Normal Acidity0.0000000

    0.0000000

    0No Detector0.28522870750.28522870750.5>>Spores260000.2603648

    0.40221265030.40221270.0000000

    0.40221265030.40221265030.0000000

    1Mold0.0000000

    622000.5139850

    0.0000000

    0.1Immi. Law Pass0.0000000

    >>>Sell in Bulk0.0000000

    0.51398501160.5139850116-7100-0.0858461

    0No Mold0.0000000

    0.0000000

    -0.0858461256-0.08584610Sell in Cases0.0000000

    0.47Rain-19200-0.2494691

    0.0000000

    0.56189236430.56189236430.0000000

    1Mold0.0000000

    722000.5672154

    0.0000000

    0.9Immi. Law Fail0.0000000

    >>>Sell in Bulk0.0000000

    0.56721540350.567215403529000.0330803

    0No Mold0.0000000

    0.0000000

    0.03308027830.03308030Sell in Cases0.0000000

    >>>Harvest Later-9200-0.1126220

    0.0000000

    0.40221265030.40221265030.0000000

    0.2Low Acidity0.0000000

    200000.2070528

    0.0000000

    0.1Immi. Law Pass0.0000000

    0.5>=25% Sugar0.0000000

    0.26959352790.2695935279320000.3100926

    0.8Normal Acidity0.0000000

    0.0000000

    0.28522870750.28522870750.5=25% Sugar0.0000000

    0.34959069610.3495906961420000.3856541

    0.8Normal Acidity0.0000000

    0.0000000

    0.36351344550.36351344550.5>>Sell in Bulk0.0000000

    0.24673432840.246734328429000.0330803

    0.4520310350.6No Mold0.0000000

    0.4520310350.0000000

    Total Rev.51856.910.03308027830.03308030Sell in Cases0.0000000

    0.47Rain-9200-0.1126220

    0.0000000

    0.32098505130.32098505130.0000000

    0.4Mold0.0000000

    822000.6146158

    0.0000000

    0.9Immi. Law Fail0.0000000

    >>>Sell in Bulk0.0000000

    0.32923513160.3292351316129000.1389814

    0.6No Mold0.0000000

    0.0000000

    0.13898136560.13898136560Sell in Cases0.0000000

    8000.0092370

    0.0000000

    0.0000000

    0Harvest Now0.0000000

    332000.3196295

    0.0000000

    0.0000000

    1Mold0.0000000

    612000.5083144

    0.0000000

    0.1Immi. Law Pass0.0000000

    >>>Sell in Bulk0.0000000

    0.50831444490.5083144449-8100-0.0985152

    0No Mold0.0000000

    0.0000000

    0.53Rain-0.0985152058-0.09851520580Sell in Cases0.0000000

    >>>Spores-20200-0.2640472

    0.55678075540.55678075540.0000000

    0.55678075540.55678075540.0000000

    1Mold0.0000000

    712000.5621659

    0.0000000

    0.9Immi. Law Fail0.0000000

    >>>Sell in Bulk0.0000000

    0.5621659010.56216590119000.0217988

    0No Mold0.0000000

    0.0000000

    0.02179876870.02179876870Sell in Cases0.0000000

    >>>Harvest Later-10200-0.1256035

    0.0000000

    0.55678075540.55678075540.0000000

    0.4Mold0.0000000

    712000.5621659

    0.0000000

    0.1Immi. Law Pass0.0000000

    >>>Sell in Bulk0.0000000

    0.23794562160.237945621619000.0217988

    0.6No Mold0.0000000

    >>>Detector0.0000000

    0.02179876870.02179876870Sell in Cases0.0000000

    0.4520310350.4520310350No Spores-10200-0.1256035

    0.0000000

    51856.90653202220.31306266280.31306266280.0000000

    0.4Mold0.0000000

    812000.6101193

    0.0000000

    0.9Immi. Law Fail0.0000000

    >>>Sell in Bulk0.0000000

    0.32140900070.3214090007119000.1289355

    0.6No Mold0.0000000

    0.0000000

    0.12893545410.12893545410Sell in Cases0.0000000

    -200-0.0023227

    0.0000000

    0.0000000

    0Harvest Now0.0000000

    332000.3196295

    0.0000000

    0.0000000

    0.2Low Acidity0.0000000

    190000.1978011

    0.47No Rain0.0000000

    0.1Immi. Law Pass0.0000000

    0.33390900990.33390900990.5>=25% Sugar0.0000000

    0.26107153030.2610715303310000.3020431

    0.8Normal Acidity0.0000000

    0.0000000

    0.27688913290.27688913290.5>>Harvest Later>>>No Spores250000.2517352

    0.0000000

    0.33390900990.33390900990.33390900990.33390900990.0000000

    0.2Low Acidity0.0000000

    290000.2856613

    0.0000000

    0.9Immi. Law Pass0.0000000

    0.5>=25% Sugar0.0000000

    0.34200206320.3420020632410000.3784862

    0.8Normal Acidity0.0000000

    0.0000000

    0.35608725590.35608725590.5

  • Use the detector, delay the harvest, but if the probability of spores exceeds 85.6%, do not buy the spores

    Chart4

    342004735026407.55332005375024157.45

    342004735028036.1332005375025993.9

    342004735029664.65332005375027830.35

    342004735031293.2332005375029666.8

    342004735032921.75332005375031503.25

    342004735034550.3332005375033339.7

    342004735036178.85332005375035176.15

    342004735037807.4332005375037012.6

    342004735039435.95332005375038849.05

    342004735041064.5332005375040685.5

    342004735042693.05332005375042521.95

    342004735044321.6332005375044358.4

    342004735045950.15332005375046194.85

    342004735047578.7332005375048031.3

    342004735049207.25332005375049867.75

    342004735050835.8332005375051704.2

    342004735052464.35332005375053540.65

    342004735054092.9332005375055377.1

    342004735055721.45332005375057213.55

    342004735057350332005375059050

    No Detector, Harvest Now

    No Detector, Delay Harvest, Buy Spores

    No Detector, Delay Harvest, No Spores

    Use Detector, Harvest Now

    Use Detector, Delay Harvest, Buy Spores

    Use Detector, Delay Harvest, No Spores

    Probability of Mold

    Revenue

    Sensitivity to Probability of Mold

    Parameters

    Decision Set123456123456

    Note: Tree v1 is complete for all variables and assuming risk-neutral. Tree v2 assumes 1 for both spores and detector effectiveness and risk-neutrality. Tree v3 is same as v2 except u(x) is based one risk odds and u-values for each bottle. Tree v4 is sameTesting V2No Detector, Harvest Now,No Detector, Harvest Later, SporesNo Detector, Harvest Later, No SporesDetector, Harvest NowDetector, Harvest Later, SporesDetector, Harvest Later, No SporesMax U-valueDecision SetDescriptionNo Detector, Harvest NowNo Detector, Delay Harvest, Buy SporesNo Detector, Delay Harvest, No SporesUse Detector, Harvest NowUse Detector, Delay Harvest, Buy SporesUse Detector, Delay Harvest, No Spores

    UncertaintiesPercentageUse Tree v2p_rain34200p_rain47350p_rain37807.4p_rain33200p_rain53750p_rain37012.6p_rain

    Prob of Rain0.530.05342000.05689500.05394490.05332000.05369500.05353710.05689502No Detector, Delay Harvest, Buy Spores

    Prob of Mold Growing0.40.10342000.10667000.10392780.10332000.10387000.10355420.10667002No Detector, Delay Harvest, Buy Spores

    Prob of Low Acidity0.20.15342000.15644500.15391070.15332000.15404500.15357130.15644502No Detector, Delay Harvest, Buy Spores

    Prob of Sugar > 25%0.50.20342000.20622000.20389360.20332000.20422000.20358840.20622002No Detector, Delay Harvest, Buy Spores

    Prob of Immigration Laws0.10.25342000.25599500.25387650.25332000.25439500.25360550.25599502No Detector, Delay Harvest, Buy Spores

    Risk Odds1.00001160.30342000.30577000.30385940.30332000.30457000.30362260.30577002No Detector, Delay Harvest, Buy Spores

    a10.35342000.35554500.35384230.35332000.35474500.35363970.35554502No Detector, Delay Harvest, Buy Spores

    b-10.40342000.40532000.40382520.40332000.40492000.40365680.40532002No Detector, Delay Harvest, Buy Spores

    0.45342000.45509500.45380810.45332000.45509500.45367390.45509502No Detector, Delay Harvest, Buy Spores

    Random Stuff0.50342000.50487000.50379100.50332000.50527000.50369100.50527005Use Detector, Delay Harvest, Buy Spores

    Prob of Mold with Spores10.55342000.55464500.55377390.55332000.55544500.55370810.55544505Use Detector, Delay Harvest, Buy Spores

    Cost of Spores-$10,000.000.60342000.60442000.60375680.60332000.60562000.60372520.60562005Use Detector, Delay Harvest, Buy Spores

    Detector Accuracy0.80.65342000.65419500.65373970.65332000.65579500.65374230.65579505Use Detector, Delay Harvest, Buy Spores

    Cost of Detector-$1,000.000.70342000.70397000.70372260.70332000.70597000.70375940.70597005Use Detector, Delay Harvest, Buy Spores

    Immigration Fine-$10,000.000.75342000.75374500.75370550.75332000.75614500.75377650.75614505Use Detector, Delay Harvest, Buy Spores

    Good Reputation$15,000.000.80342000.80352000.80368840.80332000.80632000.80379360.80632005Use Detector, Delay Harvest, Buy Spores

    Bad Reputation-$25,000.000.85342000.85329500.85367130.85332000.85649500.85381070.85649505Use Detector, Delay Harvest, Buy Spores

    Bulk Wine Rate0.50.90342000.90307000.90365420.90332000.90667000.90382780.90667005Use Detector, Delay Harvest, Buy Spores

    Vol Increase / rain1.0750.95342000.95284500.95363710.95332000.95684500.95384490.95684505Use Detector, Delay Harvest, Buy Spores

    Vol Decrease / mold0.71.00342001.00262001.00362001.00332001.00702001.00386201.00702005Use Detector, Delay Harvest, Buy Spores

    112233445566

    Revenue with no spores/detectors

    Harvest Now$34,200.00Use Tree v2p_mold34200p_mold47350p_mold37807.4p_mold33200p_mold53750p_mold37012.6p_mold

    Good Mold$82,200.000.05342000.05473500.0526407.60.05332000.05537500.0524157.50.05537505Use Detector, Delay Harvest, Buy Spores

    Thin Wine$800.000.10342000.10473500.1028036.10.10332000.10537500.1025993.90.10537505Use Detector, Delay Harvest, Buy Spores

    Bulk Wine$12,900.000.15342000.15473500.1529664.70.15332000.15537500.1527830.40.15537505Use Detector, Delay Harvest, Buy Spores

    Low Acidity$30,000.000.20342000.20473500.2031293.20.20332000.20537500.2029666.80.20537505Use Detector, Delay Harvest, Buy Spores

    > 25% sugar$42,000.000.25342000.25473500.2532921.80.25332000.25537500.2531503.30.25537505Use Detector, Delay Harvest, Buy Spores

    < 25% sugar$36,000.000.30342000.30473500.3034550.30.30332000.30537500.3033339.70.30537505Use Detector, Delay Harvest, Buy Spores

    0.35342000.35473500.3536178.90.35332000.35537500.3535176.20.35537505Use Detector, Delay Harvest, Buy Spores

    Wine Bottle Specs0.40342000.40473500.4037807.40.40332000.40537500.4037012.60.40537505Use Detector, Delay Harvest, Buy Spores

    # cases10000.45342000.45473500.4539436.00.45332000.45537500.4538849.10.45537505Use Detector, Delay Harvest, Buy Spores

    # bottles / case120.50342000.50473500.5041064.50.50332000.50537500.5040685.50.50537505Use Detector, Delay Harvest, Buy Spores

    Harvest Early Wine$2.850.55342000.55473500.5542693.10.55332000.55537500.5542522.00.55537505Use Detector, Delay Harvest, Buy Spores

    Moldy (Good) Wine bottle$8.000.60342000.60473500.6044321.60.60332000.60537500.6044358.40.60537505Use Detector, Delay Harvest, Buy Spores

    Thin Wine$2.000.65342000.65473500.6545950.20.65332000.65537500.6546194.90.65537505Use Detector, Delay Harvest, Buy Spores

    Bulk Wine$1.000.70342000.70473500.7047578.70.70332000.70537500.7048031.30.70537505Use Detector, Delay Harvest, Buy Spores

    Low Acid Wine$2.500.75342000.75473500.7549207.30.75332000.75537500.7549867.80.75537505Use Detector, Delay Harvest, Buy Spores

    Good Sugar$3.500.80342000.80473500.8050835.80.80332000.80537500.8051704.20.80537505Use Detector, Delay Harvest, Buy Spores

    Decent Sugar$3.000.85342000.85473500.8552464.40.85332000.85537500.8553540.70.85537505Use Detector, Delay Harvest, Buy Spores

    0.90342000.90473500.9054092.90.90332000.90537500.9055377.10.9055377.16Use Detector, Delay Harvest, No Spores

    Detector Accuracy Measures0.95342000.95473500.9555721.50.95332000.95537500.9557213.60.9557213.556Use Detector, Delay Harvest, No Spores

    Says "Rain"0.5181.00342001.00473501.0057350.01.00332001.00537501.0059050.01.00590506Use Detector, Delay Harvest, No Spores

    Says "No Rain"0.482112233445566

    Rain given "Rain"0.819

    No Rain given "Rain"0.181Use Tree v2p_lowacid34200p_lowacid47350p_lowacid37807.4p_lowacid33200p_lowacid53750p_lowacid37012.6p_lowacid

    Rain given "No Rain"0.2200.05342000.0548065.50.05385230.05332000.0554384.50.05376470.0554384.55Use Detector, Delay Harvest, Buy Spores

    No Rain given "No Rain"0.7800.10342000.10478270.10382840.10332000.10541730.10374360.10541735Use Detector, Delay Harvest, Buy Spores

    0.15342000.1547588.50.15380460.15332000.1553961.50.15372240.1553961.55Use Detector, Delay Harvest, Buy Spores

    0.20342000.20473500.20378070.20332000.20537500.20370130.20537505Use Detector, Delay Harvest, Buy Spores

    0.25342000.2547111.50.25375690.25332000.2553538.50.25368010.2553538.55Use Detector, Delay Harvest, Buy Spores

    0.30342000.30468730.30373300.30332000.30533270.30365900.30533275Use Detector, Delay Harvest, Buy Spores

    0.35342000.3546634.50.35370920.35332000.3553115.50.35363780.3553115.55Use Detector, Delay Harvest, Buy Spores

    0.40342000.40463960.40368530.40332000.40529040.40361670.40529045Use Detector, Delay Harvest, Buy Spores

    0.45342000.4546157.50.45366150.45332000.4552692.50.45359550.4552692.55Use Detector, Delay Harvest, Buy Spores

    0.50342000.50459190.50363760.50332000.50524810.50357440.50524815Use Detector, Delay Harvest, Buy Spores

    0.55342000.5545680.50.55361380.55332000.5552269.50.55355320.5552269.55Use Detector, Delay Harvest, Buy Spores

    0.60342000.60454420.60358990.60332000.60520580.60353210.60520585Use Detector, Delay Harvest, Buy Spores

    0.65342000.6545203.50.65356610.65332000.6551846.50.65351090.6551846.55Use Detector, Delay Harvest, Buy Spores

    0.70342000.70449650.70354220.70332000.70516350.70348980.70516355Use Detector, Delay Harvest, Buy Spores

    0.75342000.7544726.50.75351840.75332000.7551423.50.75346860.7551423.55Use Detector, Delay Harvest, Buy Spores

    0.80342000.80444880.80349450.80332000.80512120.80344750.80512125Use Detector, Delay Harvest, Buy Spores

    0.85342000.8544249.50.85347070.85332000.8551000.50.85342630.8551000.55Use Detector, Delay Harvest, Buy Spores

    0.90342000.90440110.90344680.90332000.90507890.90340520.90507895Use Detector, Delay Harvest, Buy Spores

    0.95342000.9543772.50.95342300.95332000.9550577.50.95338400.9550577.55Use Detector, Delay Harvest, Buy Spores

    1.00342001.00435341.00339911.00332001.00503661.00336291.00503665Use Detector, Delay Harvest, Buy Spores

    112233445566

    Use Tree v2p_goodsugar34200p_goodsugar47350p_goodsugar37807.4p_goodsugar33200p_goodsugar53750p_goodsugar37012.6p_goodsugar

    0.05342000.05473500.05376930.05332000.0552734.80.05359970.0552734.85Use Detector, Delay Harvest, Buy Spores

    0.10342000.10473500.10377060.10332000.1052847.60.10361100.1052847.65Use Detector, Delay Harvest, Buy Spores

    0.15342000.15473500.15377180.15332000.1552960.40.15362230.1552960.45Use Detector, Delay Harvest, Buy Spores

    0.20342000.20473500.20377310.20332000.2053073.20.20363360.2053073.25Use Detector, Delay Harvest, Buy Spores

    0.25342000.25473500.25377440.25332000.25531860.25364490.25531865Use Detector, Delay Harvest, Buy Spores

    0.30342000.30473500.30377570.30332000.3053298.80.30365610.3053298.85Use Detector, Delay Harvest, Buy Spores

    0.35342000.35473500.35377690.35332000.3553411.60.35366740.3553411.65Use Detector, Delay Harvest, Buy Spores

    0.40342000.40473500.40377820.40332000.4053524.40.40367870.4053524.45Use Detector, Delay Harvest, Buy Spores

    0.45342000.45473500.45377950.45332000.4553637.20.45369000.4553637.25Use Detector, Delay Harvest, Buy Spores

    0.50342000.50473500.50378070.50332000.50537500.50370130.50537505Use Detector, Delay Harvest, Buy Spores

    0.55342000.55473500.55378200.55332000.5553862.80.55371250.5553862.85Use Detector, Delay Harvest, Buy Spores

    0.60342000.60473500.60378330.60332000.6053975.60.60372380.6053975.65Use Detector, Delay Harvest, Buy Spores

    0.65342000.65473500.65378460.65332000.6554088.40.65373510.6554088.45Use Detector, Delay Harvest, Buy Spores

    0.70342000.70473500.70378580.70332000.7054201.20.70374640.7054201.25Use Detector, Delay Harvest, Buy Spores

    0.75342000.75473500.75378710.75332000.75543140.75375770.75543145Use Detector, Delay Harvest, Buy Spores

    0.80342000.80473500.80378840.80332000.8054426.80.80376890.8054426.85Use Detector, Delay Harvest, Buy Spores

    0.85342000.85473500.85378960.85332000.8554539.60.85378020.8554539.65Use Detector, Delay Harvest, Buy Spores

    0.90342000.90473500.90379090.90332000.9054652.40.90379150.9054652.45Use Detector, Delay Harvest, Buy Spores

    0.95342000.95473500.95379220.95332000.9554765.20.95380280.9554765.25Use Detector, Delay Harvest, Buy Spores

    1.00342001.00473501.00379351.00332001.00548781.00381411.00548785Use Detector, Delay Harvest, Buy Spores

    112233445566

    Use Tree v2p_immilaw34200p_immilaw47350p_immilaw37807.4p_immilaw33200p_immilaw53750p_immilaw37012.6p_immilaw

    0.05342000.05478500.05383070.05332000.05542500.05375130.05542505Use Detector, Delay Harvest, Buy Spores

    0.10342000.10473500.10378070.10332000.10537500.10370130.10537505Use Detector, Delay Harvest, Buy Spores

    0.15342000.15468500.15373070.15332000.15532500.15365130.15532505Use Detector, Delay Harvest, Buy Spores

    0.20342000.20463500.20368070.20332000.20527500.20360130.20527505Use Detector, Delay Harvest, Buy Spores

    0.25342000.25458500.25363070.25332000.25522500.25355130.25522505Use Detector, Delay Harvest, Buy Spores

    0.30342000.30453500.30358070.30332000.30517500.30350130.30517505Use Detector, Delay Harvest, Buy Spores

    0.35342000.35448500.35353070.35332000.35512500.35345130.35512505Use Detector, Delay Harvest, Buy Spores

    0.40342000.40443500.40348070.40332000.40507500.40340130.40507505Use Detector, Delay Harvest, Buy Spores

    0.45342000.45438500.45343070.45332000.45502500.45335130.45502505Use Detector, Delay Harvest, Buy Spores

    0.50342000.50433500.50338070.50332000.50497500.50330130.50497505Use Detector, Delay Harvest, Buy Spores

    0.55342000.55428500.55333070.55332000.55492500.55325130.55492505Use Detector, Delay Harvest, Buy Spores

    0.60342000.60423500.60328070.60332000.60487500.60320130.60487505Use Detector, Delay Harvest, Buy Spores

    0.65342000.65418500.65323070.65332000.65482500.65315130.65482505Use Detector, Delay Harvest, Buy Spores

    0.70342000.70413500.70318070.70332000.70477500.70310130.70477505Use Detector, Delay Harvest, Buy Spores

    0.75342000.75408500.75313070.75332000.75472500.75305130.75472505Use Detector, Delay Harvest, Buy Spores

    0.80342000.80403500.80308070.80332000.80467500.80300130.80467505Use Detector, Delay Harvest, Buy Spores

    0.85342000.85398500.85303070.85332000.85462500.85295130.85462505Use Detector, Delay Harvest, Buy Spores

    0.90342000.90393500.90298070.90332000.90457500.90290130.90457505Use Detector, Delay Harvest, Buy Spores

    0.95342000.95388500.95293070.95332000.95452500.95285130.95452505Use Detector, Delay Harvest, Buy Spores

    1.00342001.00383501.00288071.00332001.00447501.00280131.00447505Use Detector, Delay Harvest, Buy Spores

    112233445566

    Use Tree v3PER BOTTLE U-VALUE

    gammarisk odds0.0000330593risk odds0.00005risk odds0.00004risk odds0.00003risk odds0.0000519565risk odds0.00004

    0.051.050.132811.050.175321.050.141661.050.129191.050.19839257011.050.13832

    0.101.110.247991.110.313771.110.256571.110.241691.110.35376742421.110.24995

    0.151.160.347861.160.423981.160.350741.160.339661.160.47605685911.160.34105

    0.201.220.434471.220.512451.220.428691.220.424971.220.57280503181.220.41622

    0.251.280.509581.280.584091.280.493831.280.499261.280.64975659451.280.47891

    0.301.350.574721.350.642601.350.548741.350.563951.350.71129807371.350.53170

    0.351.420.631201.420.690821.420.595431.420.620281.420.7607891581.420.57659

    0.401.490.680181.490.730911.490.635421.490.669341.490.80081163071.490.61510

    0.451.570.722661.570.764511.570.669911.570.712061.570.83335665261.570.64839

    0.501.650.759491.650.792911.650.699871.650.749261.650.859965861.650.67740

    0.551.730.791431.730.817091.730.726041.730.781651.730.88183783291.730.70284

    0.601.820.819131.820.837831.820.749011.820.809861.820.89990857181.820.72529

    0.651.920.843161.920.855731.920.769301.920.834431.920.91491244741.920.74522

    0.702.010.863992.010.871272.010.787282.010.855822.010.92742845962.010.76299

    0.752.120.882052.120.884842.120.803302.120.874442.120.93791543032.120.77892

    0.802.230.897722.230.896732.230.817632.230.890662.230.94673884812.230.79327

    0.852.340.911302.340.907212.340.830482.340.904792.340.9541914032.340.80623

    0.902.460.923082.460.916472.460.842062.460.917092.460.96050874472.460.81799

    0.952.590.933302.590.924682.590.852532.590.927802.590.96588161622.590.82869

    1.002.720.942162.720.931992.720.862012.720.937132.720.97046523052.720.83846

    112233445566

    TOTAL REVENUE

    gammarisk odds34200.0000000354risk odds47349.75risk odds37807.13risk odds33200.00risk odds53749.84risk odds37012.29gamma

    0.051.0534200.001.0546261.341.0536661.901.0533200.001.0553072.711.0535728.740.0553072.715Use Detector, Delay Harvest, Buy Spores

    0.101.1134200.001.1145185.081.1135577.391.1133200.001.1152391.501.1134513.720.1052391.505Use Detector, Delay Harvest, Buy Spores

    0.151.1634200.001.1644129.601.1634553.711.1633200.001.1651709.771.1633369.060.1551709.775Use Detector, Delay Harvest, Buy Spores

    0.201.2234200.001.2243102.341.2233589.411.2233200.001.2251030.891.2232294.360.2051030.895Use Detector, Delay Harvest, Buy Spores

    0.251.2834200.001.2842109.591.2832682.081.2833200.001.2850358.091.2831287.710.2550358.095Use Detector, Delay Harvest, Buy Spores

    0.301.3534200.001.3541156.291.3531828.691.3533200.001.3549694.421.3530346.120.3049694.425Use Detector, Delay Harvest, Buy Spores

    0.351.4234200.001.4240246.021.4231025.821.4233200.001.4249042.631.4229465.900.3549042.635Use Detector, Delay Harvest, Buy Spores

    0.401.4934200.001.4939381.091.4930269.931.4933200.001.4948405.131.4928642.970.4048405.135Use Detector, Delay Harvest, Buy Spores

    0.451.5734200.001.5738562.591.5729557.451.5733200.001.5747783.981.5727873.090.4547783.985Use Detector, Delay Harvest, Buy Spores

    0.501.6534200.001.6537790.601.6528884.951.6533200.001.6547180.861.6527152.080.5047180.865Use Detector, Delay Harvest, Buy Spores

    0.551.7334200.001.7337064.371.7328249.211.7333200.001.7346597.031.7326475.900.5546597.035Use Detector, Delay Harvest, Buy Spores

    0.601.8234200.001.8236382.491.8227647.201.8233200.001.8246033.421.8225840.760.6046033.425Use Detector, Delay Harvest, Buy Spores

    0.651.9234200.001.9235743.081.9227076.201.9233200.001.9245490.611.9225243.150.6545490.615Use Detector, Delay Harvest, Buy Spores

    0.702.0134200.002.0135143.922.0126533.712.0133200.002.0144968.842.0124679.860.7044968.845Use Detector, Delay Harvest, Buy Spores

    0.752.1234200.002.1234582.602.1226017.492.1233200.002.1244468.122.1224147.980.7544468.125Use Detector, Delay Harvest, Buy Spores

    0.802.2334200.002.2334056.622.2325525.532.2333200.002.2343988.222.2323644.860.8043988.225Use Detector, Delay Harvest, Buy Spores

    0.852.3434200.002.3433563.452.3425056.032.3433200.002.3443528.712.3423168.160.8543528.715Use Detector, Delay Harvest, Buy Spores

    0.902.4634200.002.4633100.642.4624607.392.4633200.002.4643089.012.4622715.750.9043089.015Use Detector, Delay Harvest, Buy Spores

    0.952.5934200.002.5932665.792.5924178.162.5933200.002.5942668.452.5922285.730.9542668.455Use Detector, Delay Harvest, Buy Spores

    1.002.7234200.002.7232256.632.7223767.052.7233200.002.7242266.252.7221876.391.0042266.255Use Detector, Delay Harvest, Buy Spores

    112233445566

    Use Tree v2Max Rev.53750.0

    DS5Use Detector, Delay Harvest, Buy Spores

    p_mold

    50.050.10.150.20.250.30.350.40.450.50.550.60.650.70.750.80.850.90.951

    p_rain0.0522222222222222223333

    0.1022222222222222223333

    0.1522222222222222223333

    0.2022222222222222223333

    0.2522222222222222223333

    0.3022222222222222233333

    0.3522222222222222233333

    0.4022222222222222233333

    0.4522222222222222333333

    0.5055555555555555553333

    0.5555555555555555555666

    0.6055555555555555555666

    0.6555555555555555555666

    0.7055555555555555555666

    0.7555555555555555555666

    0.8055555555555555555666

    0.8555555555555555555666

    0.9055555555555555555666

    0.9555555555555555555666

    1.0055555555555555555666

    Use Tree v2spores_eff34200spores_eff47350spores_eff37807.4spores_eff33200spores_eff53750spores_eff37012.6spores_eff

    0.05342000.0516407.550.05378070.05332000.0518857.450.05370130.0537807.403No Detector, Delay Harvest, No Spores

    0.10342000.1018036.100.10378070.10332000.1020693.900.10370130.1037807.403No Detector, Delay Harvest, No Spores

    0.15342000.1519664.650.15378070.15332000.1522530.350.15370130.1537807.403No Detector, Delay Harvest, No Spores

    0.20342000.2021293.200.20378070.20332000.2024366.800.20370130.2037807.403No Detector, Delay Harvest, No Spores

    0.25342000.2522921.750.25378070.25332000.2526203.250.25370130.2537807.403No Detector, Delay Harvest, No Spores

    0.30342000.3024550.300.30378070.30332000.3028039.700.30370130.3037807.403No Detector, Delay Harvest, No Spores

    0.35342000.3526178.850.35378070.35332000.3529876.150.35370130.3537807.403No Detector, Delay Harvest, No Spores

    0.40342000.4027807.400.40378070.40332000.4031712.600.40370130.4037807.403No Detector, Delay Harvest, No Spores

    0.45342000.4529435.950.45378070.45332000.4533549.050.45370130.4537807.403No Detector, Delay Harvest, No Spores

    0.50342000.5031064.500.50378070.50332000.5035385.500.50370130.5037807.403No Detector, Delay Harvest, No Spores

    0.55342000.5532693.050.55378070.55332000.5537221.950.55370130.5537807.403No Detector, Delay Harvest, No Spores

    0.60342000.6034321.600.60378070.60332000.6039058.400.60370130.6039058.405Use Detector, Delay Harvest, Buy Spores

    0.65342000.6535950.150.65378070.65332000.6540894.850.65370130.6540894.855Use Detector, Delay Harvest, Buy Spores

    0.70342000.7037578.700.70378070.70332000.7042731.300.70370130.7042731.305Use Detector, Delay Harvest, Buy Spores

    0.75342000.7539207.250.75378070.75332000.7544567.750.75370130.7544567.755Use Detector, Delay Harvest, Buy Spores

    0.80342000.8040835.800.80378070.80332000.8046404.200.80370130.8046404.205Use Detector, Delay Harvest, Buy Spores

    0.85342000.8542464.350.85378070.85332000.8548240.650.85370130.8548240.655Use Detector, Delay Harvest, Buy Spores

    0.90342000.9044092.900.90378070.90332000.9050077.100.90370130.9050077.105Use Detector, Delay Harvest, Buy Spores

    0.95342000.9545721.450.95378070.95332000.9551913.550.95370130.9551913.555Use Detector, Delay Harvest, Buy Spores

    1.00342001.0047350.001.00378071.00332001.0053750.001.00370131.0053750.005Use Detector, Delay Harvest, Buy Spores

    112233445566

    Use Tree v1detector_accu34200detector_accu47350detector_accu37807.4detector_accu33200detector_accu49050detector_accu35952.1161825726detector_accu

    0.05342000.05473500.05378070.05332000.05490500.05384670.0549050.005Use Detector, Delay Harvest, Buy Spores

    0.10342000.10473500.10378070.10332000.10490500.10383130.1049050.005Use Detector, Delay Harvest, Buy Spores

    0.15342000.15473500.15378070.15332000.15490500.15381570.1549050.005Use Detector, Delay Harvest, Buy Spores

    0.20342000.20473500.20378070.20332000.20490500.20379990.2049050.005Use Detector, Delay Harvest, Buy Spores

    0.25342000.25473500.25378070.25332000.25490500.25378400.2549050.005Use Detector, Delay Harvest, Buy Spores

    0.30342000.30473500.30378070.30332000.30490500.30376780.3049050.005Use Detector, Delay Harvest, Buy Spores

    0.35342000.35473500.35378070.35332000.35490500.35375150.3549050.005Use Detector, Delay Harvest, Buy Spores

    0.40342000.40473500.40378070.40332000.40490500.40373490.4049050.005Use Detector, Delay Harvest, Buy Spores

    0.45342000.45473500.45378070.45332000.45490500.45371820.4549050.005Use Detector, Delay Harvest, Buy Spores

    0.50342000.50473500.50378070.50332000.50490500.50370130.5049050.005Use Detector, Delay Harvest, Buy Spores

    0.55342000.55473500.55378070.55332000.55490500.55368410.5549050.005Use Detector, Delay Harvest, Buy Spores

    0.60342000.60473500.60378070.60332000.60490500.60366680.6049050.005Use Detector, Delay Harvest, Buy Spores

    0.65342000.65473500.65378070.65332000.65490500.65364920.6549050.005Use Detector, Delay Harvest, Buy Spores

    0.70342000.70473500.70378070.70332000.70490500.70363140.7049050.005Use Detector, Delay Harvest, Buy Spores

    0.75342000.75473500.75378070.75332000.75490500.75361340.7549050.005Use Detector, Delay Harvest, Buy Spores

    0.80342000.80473500.80378070.80332000.80490500.80359520.8049050.005Use Detector, Delay Harvest, Buy Spores

    0.85342000.85473500.85378070.85332000.85490500.85357680.8549050.005Use Detector, Delay Harvest, Buy Spores

    0.90342000.90473500.90378070.90332000.90490500.90355810.9049050.005Use Detector, Delay Harvest, Buy Spores

    0.95342000.95473500.95378070.95332000.95490500.95353920.9549050.005Use Detector, Delay Harvest, Buy Spores

    1.00342001.00473501.00378071.00332001.00490501.00352001.0049050.005Use Detector, Delay Harvest, Buy Spores

    112233445566

    Sensitivity Graphs

    123456

    No Detector, Harvest NowNo Detector, Delay Harvest, Buy SporesNo Detector, Delay Harvest, No SporesUse Detector, Harvest NowUse Detector, Delay Harvest, Buy SporesUse Detector, Delay Harvest, No Spores

    at p_rain = 0.618, the optimal decision set changes from 2 to 5

    at p_mold = 0.840, the optimal decision set changes from 2 to 3

    3, 6x

    415824580.5911495911

    2,3

    32571225710.6929784164

    2,6

    25029367290.6814506248

    DS 6 surpass DS 2 before DS 3 does.

    for all p_lowacid, the optimal decision set is 5

    for all p_goodsugar, the optimal decision set is 5

    for all p_immilawpass, the optimal decision set is 5

    at gamma=0.785, the optimal decision set changes from 2 to 1

    In above diagram, at low probabilities for both rain and mold, the optimal decision set is 2 (blue).

    At low probabilities of mold, and concentrated at high probabilities of rain, the optimal decision set is 5 (red).

    At high probabilities of mold, and concentrated at low probabilities of rain, the optimal decision set is 3 (yellow).

    At high probabilities for both rain and mold, the optimal decision set is 6 (aqua).

    at p=0.707, the optimal decision set changes from 3 to 2

    regardless of detector accuracy, mr. jaeger shoud always use detector, spores, and harvest later.

    Sensitivity Graphs

    342004735026407.55332005375024157.45

    342004735028036.1332005375025993.9

    342004735029664.65332005375027830.35

    342004735031293.2332005375029666.8

    342004735032921.75332005375031503.25

    342004735034550.3332005375033339.7

    342004735036178.85332005375035176.15

    342004735037807.4332005375037012.6

    342004735039435.95332005375038849.05

    342004735041064.5332005375040685.5

    342004735042693.05332005375042521.95

    342004735044321.6332005375044358.4

    342004735045950.15332005375046194.85

    342004735047578.7332005375048031.3

    342004735049207.25332005375049867.75

    342004735050835.8332005375051704.2

    342004735052464.35332005375053540.65

    342004735054092.9332005375055377.1

    342004735055721.45332005375057213.55

    342004735057350332005375059050

    No Detector, Harvest Now

    No Detector, Delay Harvest, Buy Spores

    No Detector, Delay Harvest, No Spores

    Use Detector, Harvest Now

    Use Detector, Delay Harvest, Buy Spores

    Use Detector, Delay Harvest, No Spores

    Probability of Mold

    Revenue

    Sensitivity to Probability of Mold

    Tree v1

    342006895039449332003695035371

    342006670039278332003870035542

    342006445039107332004045035713

    342006220038936332004220035884

    342005995038765332004395036055

    342005770038594332004570036226

    342005545038423332004745036397

    342005320038252332004920036568

    342005095038081332005095036739

    342004870037910332005270036910

    342004645037739332005445037081

    342004420037568332005620037252

    342004195037397332005795037423

    342003970037226332005970037594

    342003745037055332006145037765

    342003520036884332006320037936

    342003295036713332006495038107

    342003070036542332006670038278

    342002845036371332006845038449

    342002620036200332007020038620

    No Detector, Harvest Now

    No Detector, Delay Harvest, Buy Spores

    No Detector, Delay Harvest, No Spores

    Use Detector, Harvest Now

    Use Detector, Delay Harvest, Buy Spores

    Use Detector, Delay Harvest, No Spores

    Probability of Rain

    Revenue

    Sensitivity to Probability of Rain

    Tree v2

    3420048065.538522.93320054384.537647.1

    342004782738284.4332005417337435.6

    3420047588.538045.93320053961.537224.1

    342004735037807.4332005375037012.6

    3420047111.537568.93320053538.536801.1

    342004687337330.4332005332736589.6

    3420046634.537091.93320053115.536378.1

    342004639636853.4332005290436166.6

    3420046157.536614.93320052692.535955.1

    342004591936376.4332005248135743.6

    3420045680.536137.93320052269.535532.1

    342004544235899.4332005205835320.6

    3420045203.535660.93320051846.535109.1

    342004496535422.4332005163534897.6

    3420044726.535183.93320051423.534686.1

    342004448834945.4332005121234474.6

    3420044249.534706.93320051000.534263.1

    342004401134468.4332005078934051.6

    3420043772.534229.93320050577.533840.1

    342004353433991.4332005036633628.6

    No Detector, Harvest Now

    No Detector, Delay Harvest, Buy Spores

    No Detector, Delay Harvest, No Spores

    Use Detector, Harvest Now

    Use Detector, Delay Harvest, Buy Spores

    Use Detector, Delay Harvest, No Spores

    Probability of Low Acidity

    Revenue

    Sensitivity to Probability of Low Acidity

    Tree v3 (Var. Risk Odds)

    342004735037692.923320052734.835997.4

    342004735037705.643320052847.636110.2

    342004735037718.363320052960.436223

    342004735037731.083320053073.236335.8

    342004735037743.8332005318636448.6

    342004735037756.523320053298.836561.4

    342004735037769.243320053411.636674.2

    342004735037781.963320053524.436787

    342004735037794.683320053637.236899.8

    342004735037807.4332005375037012.6

    342004735037820.123320053862.837125.4

    342004735037832.843320053975.637238.2

    342004735037845.563320054088.437351

    342004735037858.283320054201.237463.8

    342004735037871332005431437576.6

    342004735037883.723320054426.837689.4

    342004735037896.443320054539.637802.2

    342004735037909.163320054652.437915

    342004735037921.883320054765.238027.8

    342004735037934.6332005487838140.6

    No Detector, Harvest Now

    No Detector, Delay Harvest, Buy Spores

    No Detector, Delay Harvest, No Spores

    Use Detector, Harvest Now

    Use Detector, Delay Harvest, Buy Spores

    Use Detector, Delay Harvest, No Spores

    Probability of >=25% Sugar

    Revenue

    Sensitivity to Probability of >=25% Sugar

    Tree v4 (Var. Risk Odds)

    342004785038307.4332005425037512.6

    342004735037807.4332005375037012.6

    342004685037307.4332005325036512.6

    342004635036807.4332005275036012.6

    342004585036307.4332005225035512.6

    342004535035807.4332005175035012.6

    342004485035307.4332005125034512.6

    342004435034807.4332005075034012.6

    342004385034307.4332005025033512.6

    342004335033807.4332004975033012.6

    342004285033307.4332004925032512.6

    342004235032807.4332004875032012.6

    342004185032307.4332004825031512.6

    342004135031807.4332004775031012.6

    342004085031307.4332004725030512.6

    342004035030807.4332004675030012.6

    342003985030307.4332004625029512.6

    342003935029807.4332004575029012.6

    342003885029307.4332004525028512.6

    342003835028807.4332004475028012.6

    No Detector, Harvest Now

    No Detector, Delay Harvest, Buy Spores

    No Detector, Delay Harvest, No Spores

    Use Detector, Harvest Now

    Use Detector, Delay Harvest, Buy Spores

    Use Detector, Delay Harvest, No Spores

    Probability of Immi. Law Pass

    Revenue

    Sensitivity to Probability of Immi. Law Pass

    3420046261.339190590136661.89543986053320053072.707160582535728.7362881907

    3420045185.078130455335577.38554410383320052391.497858176234513.7152848782

    3420044129.596302884934553.70703502113320051709.768824129533369.0568826677

    3420043102.343137860733589.40586534053320051030.886195971132294.3562728555

    3420042109.589553045232682.07864043013320050358.092251373831287.7070596405

    3420041156.285778976731828.68654828953320049694.42080121530346.1205079244

    3420040246.023944209431025.82310128853320049042.62623646829465.9027335954

    3420039381.090932763130269.92822021163320048405.129672936328642.9694801903

    3420038562.589171665329557.44923761923320047783.983850840827873.0922810591

    3420037790.600481671328884.95429321413320047180.856700483827152.0793124527

    3420037064.369867762728249.20593847473320046597.032009614526475.8995236757

    3420036382.490496919727647.20332805153320046033.424566647925840.7607212652

    3420035743.076506843327076.20085079993320045490.606555910725243.1523006103

    3420035143.91550911326533.70997969073320044968.841814843524679.862187728

    3420034582.596995203126017.48985857173320044468.124742610424147.975934714

    3420034056.61605984425525.5309109483320043988.221064650723644.8642158079

    3420033563.453954297125056.03466277663320043528.708199102923168.1634199098

    3420033100.638158867624607.39206088913320043089.013547019722715.7527265596

    3420032665.785157382124178.16184443283320042668.449572336822285.7300071788

    3420032256.629132377623767.04997153273320042266.245008853221876.3880931282

    No Detector, Harvest Now

    No Detector, Delay Harvest, Buy Spores

    No Detector, Delay Harvest, No Spores

    Use Detector, Harvest Now

    Use Detector, Delay Harvest, Buy Spores

    Use Detector, Delay Harvest, No Spores

    Risk Aversion Coefficient (gamma)

    Revenue

    Sensitivity to Risk Aversion Coefficient

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222255555555555

    22222222355555555555

    22222333355555555555

    33333333335555555555

    3333