All entries for Tuesday 05 March 2013

March 05, 2013

Decision tree use

I learned that decision tree supports decision making in two aspects; first it provides a graphical representation of the situation with all possible routes and provides the highest probability value as the optimal decision.

This tool is a very important decision tool in in its benefits. it also supports decision making associated with risk and uncertainty. The consideration of probability and value gives an insight to decision making.

The use of decision tree can be used for investment decisions. If two possible engineering modifications are recommended they can be compared for cost, return on investment and reliability using decision tree.

March 2013

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Most recent comments

  • Good point, you dont have to consider it while using the decision tree as the available data is limi… by Ahmed Alali on this entry
  • Good point Bu Salim. However, i failed to mention that a decision objective is linked to the busines… by Ahmed Alali on this entry
  • I do agree with you Ahmed that certain modification enhance GA performance, however, even if someone… by Waddah Alharthi on this entry
  • as u said, the time scaling and sentivity need to be taken into account… i agree but do u think in… by Tzu-i Yang on this entry
  • i agree with u … choosing tools is not easy… we might fall into trap info….it was whyi decisio… by Tzu-i Yang on this entry

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