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

Determine the optimal assignment, Six Operators are to be assigned to five ...

Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no assignment

Sample survey methods:, Sample Survey Methods: If proposed investigati...

Sample Survey Methods: If proposed investigation is done  only on  a part taken  out of  universe then it  will be  known  as sample  survey. This  part of the universe is kno

Describe states-transitions and transition rate, Customers arrive to a supe...

Customers arrive to a super market according to a Poisson process with intensity V = ½  per minute. The supermarket has two counters, that use a common queue. Counter 1 is always o

Classification of models, what are the classifications of operations resea...

what are the classifications of operations research?

Classification of documents by physical characteristics, CLASSIFICATION OF ...

CLASSIFICATION OF DOCUMENTS  BY PHYSICAL CHARACTERISTICS : Documents of various types have been classified  on the basis of their physical characteristics, familiarity

North west corner rule, North West Corner Rule for Initial Solution: Now ...

North West Corner Rule for Initial Solution: Now by applying North West corner rule we can initial solution. According to this rule without regard to cost consideration the

HOMEWORK, A company uses 4 pounds of resource 1 to make each unit of X1 and...

A company uses 4 pounds of resource 1 to make each unit of X1 and 3 pounds of resource 1 to make each unit of X2. There are only 150 pounds of resource 1 available. Which of the fo

Using software for analysis grouping, Using   Software for Analysis Group...

Using   Software for Analysis Grouping and Displaying Data   to Convey Meaning Normal 0 false false false EN-IN X-NONE X-NONE

Operations strategy in an organization, 1. Investigate: The Operations Str...

1. Investigate: The Operations Strategy of your organisation or one you are familiar with and answer the following points. Does your chosen organisation have an operations

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