|
|
|
|
|
Books and
more at:
USA:
 UK:
Canada:
|
|
|
|
Decision Tree: When to use it
The Quality Toolbook >
Decision Tree > When to use it
When to use it | How to understand it |
Example | How to do it | Practical
variations
<-- Previous | Next -->
When to use it
- Use it when making important or complex decisions, to identify the course of action that will give the best value according to a selected set of rules
- Use it when decision-making, to identify the effects of risks.
- Use it when making plans, to identify the effects of actions and possible alternative courses of action.
- Use it when there are chains of decisions, to determine the best decision at each point.
- Use it only when data is available, or can reasonably be determined, on costs and probabilities of different outcomes.
<-- Previous | Next -->
|
|
|
|