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

Maps, Maps, Atlases and Globes: Maps illustrate the distribution of ma...

Maps, Atlases and Globes: Maps illustrate the distribution of many things that occur on the surface of the earth. Information is presented by the use of a vast array of symbol

Production and operations management., layout of any retailer shop and the ...

layout of any retailer shop and the reasons for the layout

Degrees of freedom, Determining Degrees of Freedom   One of the prer...

Determining Degrees of Freedom   One of the prerequisites for using chi square test is that we should calculate the number of degrees of freedom for the contingency table. T

Theoretical framework, Ask questiAvatars are virtual characters that can be...

Ask questiAvatars are virtual characters that can be used as representatives of a company that is using the Internet as a distribution channel. For instance, avatars can be used as

Operations research approach to problem solving, Formulation of the Problem...

Formulation of the Problem: Before proceeding to find the solution of a problem, first of all a manager should be competent enough to form an appropriate model. To do so f

Describe multinational corporations, Question 1 -Though society as well as...

Question 1 -Though society as well as culture do not appear to be a part of business situations, yet they are actually key elements in showing how business activities will be cond

International trade, why does south africa regulate int''l trade

why does south africa regulate int''l trade

Level of significance - hypothesis testing , Level of Significance I...

Level of Significance In testing a given  hypothesis  the maximum  probability with which  we would  be willing  to take  risk is called  level of  significance of the  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