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

Uses of mean deviation - measure of dispersion, Uses  of Mean  Deviation...

Uses  of Mean  Deviation Mean  Deviation  is rarely being used as a measure of dispersion. But  due to  easy  and  simplicity  in calculation. It  is rather  useful  in busin

Principles of construction of research tool, Principles of Construction of ...

Principles of Construction of Research Tool Content of research tool should be based on aims and need of research problem: The questioning words must be concise compreh

Complexity - necessity of operations research, In a big industry the numbe...

In a big industry the numbers of factors influencing a decision have increased situation has become big and complex because these factors interact with each other in complica

Operation research and decision making, Operations Research uses the meth...

Operations Research uses the methods of science to understand and explain the phenomena of operating systems. It devises the theories( models ) to explain these phenomena

LPP Sum, A paper mill produces two grades of paper viz., X and Y. Because o...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Disadvantage of standard deviation - measure of dispersion, Disadvantage ...

Disadvantage  of standard Deviation It is not  easy  to understand  and calculate. It gives  more  weight  to the extremes  and less  to the items   nearer to mean. Since

Data and information, Data and Information: The term "data" (plural fo...

Data and Information: The term "data" (plural form of datum) refers to "an individual fact, statistic, or a piece of information or a group or a body of facts, statistics or t

Big M mehod, source code in c available?

source code in c available?

Tower of hanoi problem, Step 1: Research Towers of Hanoi problem The Tow...

Step 1: Research Towers of Hanoi problem The Towers of Hanoi is a problem frequently used to teach recursive programming techniques. Step 2: Run the assembly code from Hanoim

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