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

Cost- sampling decisons, Cost- sampling decisons                   ...

Cost- sampling decisons                         σ x¯ =S/√n       Where is the  standard  error of he mean is the standard devaluation of  the population and n is t

Problem, 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

Stepping stone method, This is a  procedure of determining  the potential i...

This is a  procedure of determining  the potential if any for improving each  of the non basic variables in terms of the objective function. To determine  this  potential  each of

Linear programming problem, A paper mill produces two grades of paper viz.,...

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

Transpotation problem, a manufacture wants to ship 8 loads of his product a...

a manufacture wants to ship 8 loads of his product as shown below. The matrix gives the mileage from origin to the destination D. Origin Destination Available A B C X 50 30 220

Deviation taken from assumed mean, Deviation Taken from Assumed Mean ...

Deviation Taken from Assumed Mean This methods  is assorted  when the  arithmetic  average  is a  fractional value. Taking  deviation from  fractional value would  be a ver

MODI method, explain the procedure of MODI method of finding solution throu...

explain the procedure of MODI method of finding solution through optimaly test.

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