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

Simplex method, Solve the following Linear Programming Problem using Simple...

Solve the following Linear Programming Problem using Simplex method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

C, classification on the bases of function or purpose

classification on the bases of function or purpose

Optimization, Find a minimum cost spanning arborescence rooted,

Find a minimum cost spanning arborescence rooted,

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

Knowledge - library and information services, Knowledge: The dictionar...

Knowledge: The dictionary definition of knowledge is 'organised body of information or the comprehension and understanding, consequent on having acquired an organised body of

Complete decision making process , Operation research is only a Tool of Ana...

Operation research is only a Tool of Analysis and Not the Complete Decision making Process: It should always be kept in mind that O. R alone cannot make the final decision . it

A, what operation research analysts do not

what operation research analysts do not

Dynamic programming models, Dynamic programming may be considered thoutgr...

Dynamic programming may be considered thoutgrowth of mathematical programming and involves the optimization of multistage( sequence of inter related decisions) decision 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