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

Title page - report writing presentation, Title  Page Tthe title page...

Title  Page Tthe title page  should  indicate  the topic  on which  the report has been  prepared the  person  or agency who has  prepared it the  person  a agency for whom it

Reference books - classification of documents, Reference Books: Defini...

Reference Books: Definition According to William  Katz (1969) a Reference book generally has the following qualities:  It is a miscellany of information organised for quick

Operation research, Operations research is used by manager in making busine...

Operations research is used by manager in making business decisions. What are five each of its merit and demerit that the users need to be aware of?

Frequency distribution graphs, Frequency  Distribution Graphs Freq...

Frequency  Distribution Graphs Frequency distribution graphs may be histogram frequency  polygon  frequency  curve  ogive curve.   1. Histogram The histogram is draw  f

Line balancing methods - heuristic approach, Line Balancing Methods - Heuri...

Line Balancing Methods - Heuristic Approach  Heuristic mean serving to find i.e. to find out discover things for oneself. Heuristic describes a particular approach to problem so

Scope, write the scope of operation research

write the scope of operation research

Applications of statistics in management, In a business, statis...

In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research

Replacement theory.., a pipe lis dur for rpair,the repair would cost 10000 ...

a pipe lis dur for rpair,the repair would cost 10000 and it would last for 3 years.alternatively a new pipe line can be purchase at 30000 for 10 years.assuming 10% depriciation rat

Modeling process, What are the basic 5 elements of modeling process

What are the basic 5 elements of modeling process

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