Hong Kong Convention and Exhibition Centre
Kandy Chan, the director of operations at the Hong Kong Convention and Exhibition Centre is trying to decide whether or not to purchase 2000 new chairs. As he looks ahead, Chan anticipates an occasional shortage of chairs during major events. He has a choice between purchasing the needed chairs outright, or signing an agreement to rent the chairs for the coming peak season with an option to rent them as well during the following season.
Equipment Investment; Decision Analysis; Decision Trees; Rental Decisions
Administrative, Support, Waste Management and Remediation Services
Hong Kong, Small, 1998
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