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

Game theory, if there were n workers and n jobs there would be

if there were n workers and n jobs there would be

Inventory Control Model, 1. A local university purchases exercise books to ...

1. A local university purchases exercise books to give to their students. Instead of a fixed unit cost, their supplier quotes the following discount pricing: Order quantity Unit P

Coding and retrieval , Coding  and Retrieval  If all your  data ar...

Coding  and Retrieval  If all your  data are  word processed on in some  other  computer readable form  it will  be possible  for your  primary  documents  to be accessed d

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

Mccolvin''s principles, McColvin's Principles: L.R McColvin advanced h...

McColvin's Principles: L.R McColvin advanced his Demand and Supply Theory of Book Selection in 1925. He states, "Books in themselves are nothing. They have no more meaning tha

Graphic , max z 60x1+50x2 Sab to 4x1+10x2 2x1+2x2 3x...

max z 60x1+50x2 Sab to 4x1+10x2 2x1+2x2 3x1+2x2 X1+x2. >_ o

Simple random sampling - sampling decisions, Simple Random Sampling  ...

Simple Random Sampling  This  is  simplest  and most  popular  technique  of sampling. In it each  unit  of the  population has equal  chance  of being  included in the samp

Disadvantages of mean deviation - measure of dispersion, Disadvantages of ...

Disadvantages of Mean Deviation a.Mean deviation ignores  the algebraic  signs of the deviations and  such it is  not capable  of further algebraic  treatment. b.It is  no

Classification of documents - books, Books: Books form  one of the pri...

Books: Books form  one of the primary sources of information. They provide a cohesively organised (thought content) information on a specific subject of optimum depth. Since b

Quartiles, QUARTILES The three points on the scale  of observation ( o...

QUARTILES The three points on the scale  of observation ( or  values  of the variable) which  divide  the total  frequency  into four  equal  parts are called  quartiles for t

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