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Quantitative – " Decision trees and utility theory "

Decision trees and utility theory

– Analyses and theory,diagrams of the decition trees
– Example from real life have to be promblem from any company form our life with way of solving the promblem by using the method of solving the promblem by the decition trees to solve is to be easy for the manager to know and understand how to solve it.

Using decision tree analysis with payoffs and probabilities for thompson lumber.
The formal and the calculation of ENV and probabilities for the decision tree
The different between the sample decision tree and the coplex decition tree
The similarity of the sample decition tree and complex decition tree
Advantage and disanvantage of using the sample and coplex dacition tree
Example from the real life and real world and have to solve it the promblem to help the manager to choose the best decision tree…

 

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