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What is the decision tree analysis?

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Question added by Mohamed Ahmed Mohamed Yousif CMQ OE , Manufacturing Operation Manager , Al Watania Agri
Date Posted: 2013/12/15
mohamed sabeen
by mohamed sabeen , QHSE Manager , Novus catering service

A decision tree is a decision support tool that uses a tree-like graph or model of decisions and their possible consequences, including chance event outcomes, resource costs, and utility. It is one way to display an algorithm.

Decision trees are commonly used in operations research, specifically in decision analysis, to help identify a strategy most likely to reach a goal.