Question

What is decision tree analysis? Mention the references/ link from where you write the answer

What is decision tree analysis?

Mention the references/ link from where you write the answer

Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Decision tree analysis is a graphical representation of various alternatives solution that are available to solve the problem. decision tree analysis is a scientific model and is often used in the decision making process of organization. it is a tree like structure in which problem in decision making can be seen in the form of flow chart . it is good to use in what if situation. decision tree analysis can be represented by lines, squares and circle. the circle in decision tree represent uncertain outcomes, squares represent decision, and the lines represent consequences.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Suppose you are considering a research study to provide improved information for a decision tree analysis....
Suppose you are considering a research study to provide improved information for a decision tree analysis. The EVPI for the decision tree is $40,000. How does this affect your consideration of the research study cost? Use your own words.
Growth Option: Decision-Tree Analysis Fethe's Funny Hats is considering selling trademarked, orange-haired curly wigs for University...
Growth Option: Decision-Tree Analysis Fethe's Funny Hats is considering selling trademarked, orange-haired curly wigs for University of Tennessee football games. The purchase cost for a 2-year franchise to sell the wigs is $20,000. If demand is good (40% probability), then the net cash flows will be $26,000 per year for 2 years. If demand is bad (60% probability), then the net cash flows will be $6,000 per year for 2 years. Fethe's cost of capital is 11%. Do not round...
Growth Option: Decision-Tree Analysis Fethe's Funny Hats is considering selling trademarked, orange-haired curly wigs for University...
Growth Option: Decision-Tree Analysis Fethe's Funny Hats is considering selling trademarked, orange-haired curly wigs for University of Tennessee football games. The purchase cost for a 2-year franchise to sell the wigs is $20,000. If demand is good (40% probability), then the net cash flows will be $27,000 per year for 2 years. If demand is bad (60% probability), then the net cash flows will be $7,000 per year for 2 years. Fethe's cost of capital is 10%. Do not round...
Investment Timing Option: Decision-Tree Analysis Kim Hotels is interested in developing a new hotel in Seoul....
Investment Timing Option: Decision-Tree Analysis Kim Hotels is interested in developing a new hotel in Seoul. The company estimates that the hotel would require an initial investment of $19 million. Kim expects the hotel will produce positive cash flows of $3.23 million a year at the end of each of the next 20 years. The project's cost of capital is 14%. What is the project's net present value? A negative value should be entered with a negative sign. Enter your...
Investment Timing Option: Decision-Tree Analysis The Karns Oil Company is deciding whether to drill for oil...
Investment Timing Option: Decision-Tree Analysis The Karns Oil Company is deciding whether to drill for oil on a tract of land that the company owns. The company estimates the project would cost $13 million today. Karns estimates that, once drilled, the oil will generate positive net cash flows of $6.11 million a year at the end of each of the next 4 years. Although the company is fairly confident about its cash flow forecast, in 2 years it will have...
Do you have to remove variables with high standard deviation for a decision tree on sas...
Do you have to remove variables with high standard deviation for a decision tree on sas miner? If you do not what are the consequences?
Investment Timing Option: Decision-Tree Analysis Kim Hotels is interested in developing a new hotel in Seoul....
Investment Timing Option: Decision-Tree Analysis Kim Hotels is interested in developing a new hotel in Seoul. The company estimates that the hotel would require an initial investment of $17 million. Kim expects the hotel will produce positive cash flows of $3 million a year at the end of each of the next 20 years. The project's cost of capital is 14%. What is the project's net present value? Do not round intermediate calculations. Enter your answer in millions. For example,...
Blood Film Examination Write about the purpose of this lab. What did you notice? Where are...
Blood Film Examination Write about the purpose of this lab. What did you notice? Where are these cells/components found and their significance in human body? Introduce all the abnormalities that can occur in the Red Blood Cells (RBCs) as mentioned below. Mention the reason why they occur and what is their effect on the human body.
Create a business decision based on the company where you work, a small business you hope...
Create a business decision based on the company where you work, a small business you hope to own someday or just make something up - then identify, define and explain an incremental cost, opportunity cost and sunk cost. You will need to be somewhat creative in your response. Respond to this question with 5-7 meaningful sentences (or more - this one could be more!). Be sure you answer the question in the context of material in chapter 6. If you...
Multiple choice question. Give reason why you selected the answer. A game where two players choose...
Multiple choice question. Give reason why you selected the answer. A game where two players choose between three options without knowing the other players choices is best represented by: a. Backwards Induction b. A decision tree c. A game matrix or Normal Form Layout d. A game tree or Extensive Form Layout
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT