Decision tree in System Design

Decision tree in System Design

• 1.
  Presentation topic Decision Trees 3/12/20201
• 2.
  Decision Trees  Itis the process of choosing a course of action from among alternatives to achieve a desired goal.  A decision tree is a diagram that shows alternative actions and conditions within horizontal tree framework. 3/12/2020 2
• 3.
  Types of decision Strategic Decision: Concerned with external environment of the organization.  Administrative Decision: Concerned with structuring and acquisition of the organization’s resources so as to optimize the performance of the organization. 3/12/2020 3
• 4.
  Uses of decisiontree  Decision trees are commonly used in operations research, specifically in decision analysis.  Another use of decision trees is as a descriptive means for calculating conditional probabilities. 3/12/2020 4
• 5.
  Decision Trees 3/12/2020 5
• 6.
  Advantages of decisiontree  Are simple to understand and interpret.  Have value even with little hard data.  Can be combined with other decision techniques. 3/12/2020 6
• 7.
  End of presentation 3/12/20207