Conducting analysis of decision making under uncertainty using decision trees serves several purposes. This can be done easily in Excel spreadsheets with PrecisionTree software. First, a decision tree is a visual representation of a decision situation (and hence aids...
A Purchasing Strategy Example Palisade’s PrecisionTree software allows you to analyze the probabilities of different outcomes, and their impacts, in sequential, multi-stage decisions. The decision trees in PrecisionTree show the probabilities of these outcomes...
