Decision Tree
Decision Tree
ate the tree. Click on a node to edit the tree. Values are on
70 Data row top of nodes. For decision nodes, decision is displayed below the node. Values to the right of final nodes
are the cumulative profits along the path
Problem title
0.5
Event 1 8 0
0
0.5
Event 2 9 0
0 0
Decision 3 4
0 0.5
Event 10 0
0
-0.5
Event 11 0
0
Decision 7 18 0
0
Decision 8 19 0
0 0
0 Decision 5 16
Decision 1 2 0 18
0 4 Decision 9 20 0
0
0
Decision 4 5
0 16 Decision 10 21 0
0
Decision 6 17 0
0
0 Decision 6 0
1 0
2
Decision 7 0
0
0.5
Event 3 12 0
0
1
Event 4 13 0
0 0
Decision 2 3
0
Event 14 0
0
-0.5
Event 15 0
0
Problem Data
Created by Excel OM/QM Use the Decision Tree Creation Window to create the tree. Click on a node to edit the tree. Values are on
14 Data row top of nodes. For decision nodes, decision is displayed below the node. Values to the right of final nodes
are the cumulative profits along the path
Problem title
Problem Data
Decision Tables
Enter the profits in the main body of the data table. Enter probabilities in the first row if you want to
compute the expected value.
Regret
Scenario 1 Scenario 2 Expected Maximum
Probability 0.5 0.5
Decision 1 4000 0 2000 4000
Decision 2 2000 1000 1500 2000
Decision 3 0 8000 4000 8000
Minimum 1500 2000
Hurwicz alpha