Purchase Solution

Decision Tree Type Analysis

Not what you're looking for?

Ask Custom Question

Many real-world decision problems consist of a sequence of dependent decisions. Develop a scenario that has a series/sequence of activities applicable to a "Decision Tree" type analysis. Explain why the scenario you selected is applicable. Also identify and explain critical factors that should be consider. Are there any risks in your scenario?

Purchase this Solution

Solution Summary

Decision trees are often used as part of project management. This 280 word solution explains how it works and how to use it for real life examples. One source link is provided to allow further investigation and illustration of decision trees.

Solution Preview

The "Decision Tree" type of analysis essentially starts with making an ending goal and working through the steps it would take to get there. For example, perhaps you are choosing to purchase a home. That would be the end goal. The next steps might be to find a realtor and to get pre-approved for a specific amount so you would know your budget. From there the realtor might show you homes within your budget and you may need ...

Purchase this Solution


Free BrainMass Quizzes
Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.