June 2006
Beginner
793 pages
20h 59m
English
Content preview from Quantitative Techniques: Theory and Problems
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MEANING OF DECISION TREE
Many decision problems in practice are not of the simple single stage type. Such multistage, sequential decision problems are characterised by a series of related but separate decisions. A decision tree is a graphical representation of various alternatives and sequence of events in these multi-stage decision problems.
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