Use decision tree analysis and recommend a course of action for the company.

Question:

Use decision tree analysis and recommend a course of action for the company.

Decision Tree:

The managerial devices performing all the choice options and their results in a flowchart is known as a decision tree. Each part of the tree outlines a choice option cost and the opportunity which is expected to happen.

Answer and Explanation:

The analysis used to see and directly outline the decision and decision making is the decision tree analysis. It is practiced to clarify the decision...

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What Is a Decision Tree? - Examples, Advantages & Role in Management

from Introduction to Management: Help and Review

Chapter 2 / Lesson 12
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