Decision trees, Operation Research

Assignment Help:
Ask questioA farmer intends to drill a well for his herd. In the past, only 80% of the wells drilled in this area were successful at 12 metres of depth. On finding no water at 12 metres, some farmers drilled further upto 18 metres but only 30% struck water at 18 meters. The prevailing cost of drilling the first 10 metres is shs. 500,000 and drilling an extra meter costs shs. 60,000. the farmer knows that if he does not get his own well, he will have to pay one million shillings to get water from a neighbor’s well.
n #Minimum 100 words accepted#

Related Discussions:- Decision trees

Network models, These models are applied to the management ( planning con...

These models are applied to the management ( planning controlling and scheduling ) of large scale projects. PERT/ CPM techniques help in identifying potential trouble spots in

Construction of a mathematical model, The 2 nd phase of operations Resear...

The 2 nd phase of operations Research is to construct a mathematical model representing the system under study. It requires the identification of both static and dynam

Simple method, Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 =...

Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X 1, X2 = 0

Answer, A paper mill products two grade of paper viz., X & Y. Because of ra...

A paper mill products two grade of paper viz., X & Y. Because of raw material restriction, it cannot produce more than 400 tons of grade X paper & 300 tons of grade Y paper in a we

Research methodology, In research methodology we not only discuss the res...

In research methodology we not only discuss the research methods but also consider the logic behind the method we use in the context of our research study and explain wh

Graphs of time series, Graphs of Time Series A time  series  is a sequ...

Graphs of Time Series A time  series  is a sequence of values  corresponding  to successive points  of time. Time  series  are  graphed  with time  on the x axis  and the  oth

Determine the weekly demand and lead time, Family Application specialises i...

Family Application specialises in selling major appliances for use in kitchen remodelling.  One of its more popular items is the SubZero refrigerator.  Over the past 40 weeks, the

Operations research 2, management wants to know how many supervisors should...

management wants to know how many supervisors should be hired, and what could be the optimum workload distribution to be applied, given a number of constraints

Investigate the link between engine wear and mileage, The Association of Ma...

The Association of Malawi Mechanics has commissioned a study to investigate the link between engine wear and mileage. The main focus of the study is to determine whether the mileag

Lpp using sipmle method, Maximize Z= 3x1 + 2X2 Subject to the constraints: ...

Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd