(Solved): he following steps into correct sequence of decision tree analysis methodology Identify representat ...

he following steps into correct sequence of decision tree analysis methodology Identify representations of uncertainty for each factor; that is, determine what distribution to use to model the uncertainty. Identify the duration of each period and the number of periods $T$ over which the decision is to be evaluated. Starting at period $T$, work back to Period 0 identifying the optimal decision and the expected cash flows at each step. Expected cash flows at each state in a given period should be discounted back when included in the previous period. Identify factors such as demand, price, and exchange rate whose fluctuation will be considered over the next $T$ periods Represent the decision tree with defined states in each period as well as the transition probabilities between states in successive periods.