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  • May the 4th Be With You

    Case Study - Lego... from the brink of bankruptcy to the world's largest toy makerBack in 1999, Lego was on the brink of bankruptcy due to low...

  • May 2024 Updates & Notices

    May 2024 Updates and NoticesDear InThinking subscribersWelcome to the May 2024 Updates and Notices!In early April, we welcomed our 26,000th...

Subscriber commentsSee all

  • 8 May 2024
    David Francis
    BMT 6 - Decision trees
    Thank you very much Paul.
  • 8 May 2024
    Paul Hoang
    Paper 2
    Dear GregThanks for your message. This topic has been discussed at length in our social media groups (WhatsApp and Facebook).Please see the response below from the Subject Area Manager in Cardiff regarding this matter.If you wish to provide...
  • 8 May 2024
    Paul Hoang
    BMT 6 - Decision trees
    Dear DavidThanks for your message.(1) The terms are used interchangably. Some courses also refer to the NEV as "net present value (NPV)" but we avoid this in DP Business Mangement for obvious reasons (Unit 3.8).(2) Your interpretation is correct...
  • 8 May 2024
    David Francis
    BMT 6 - Decision trees
    Dear Paul,I am referring to your reply on Feb 21, 2024 and have copied the queston here too in case its missed above.I am using the 2022 version for the 5th edition.1) Is the Net Pedicted outcome also known as The Net Expected Value/Total expected...