Welcome to Live Chat
Welcome to LiveWebTutors Services, World's leading Academic solutions provider with Millions of Happy Students.
24x7 Support Available
To Get the Best Price Chat With Our Experts
In A Hurry? Get A Callback
It can be called by various names like – Algorithm, Flow Chart, graphs. It is called as a tool for making decisions in various processes, the conclusions, possible outcomes and chances of occurrence of an event, the costs involved at each stage of the decision and the overall derivation of the various factors such as costs involved, whether the process decision tree is beneficial for the decision that needs to be taken and successfully implemented. This decision tree is basically used for the fields like operational research, probabilities etc.
The decision tree has various nodes in it which are of the shapes of Triangle, Circle and Square in management. Squares always represent the decisions; circles represent the chances of the occurrence of the event and the triangle represents the end nodes and the ultimate decisions. These decision trees take out all the options, cases and solutions of the problem or the situation which is leading to the decision to be made. The decision tree takes out all the possible solutions to the problem and even tries to simplify the case.
The various advantages of the Decision Tree
a. It helps in simplifying the problem.
b. The complete interpretation could be made or drawn by the use of this method.
c. Even if the problem is complex and there does not exist any solution then also decision tree takes out the possible alternatives. There can be many alternatives in solving any problem, which can’t be taken out without drawing the decision tree or the flow chart of the process.
d. Once a decision tree could be drawn then to solve a bigger problem, many decision trees could be combined together to derive the solution of the big problem.
There are many disadvantages of Decision Tree as well
a. Sometimes the decision tree becomes more complex as the number of levels increase and hence the complexity increases and possible alternative or the solution of the situation could not be easily derived.
b. Even when the various outcomes are linked together then also the situation becomes grave and possible and correct solution can’t be drawn.
Every organization takes the help and support of the decision tree in making various decisions. Decision tree has its existence from ages and its applicability and importance can never be ignored and eliminated. Decision tree can be drawn in order to derive on the most likely outcomes and accordingly implementing the various outcomes and the decisions of solving the problem. In engineering & operational research, the use of decision tree is used to its maximum as all the situations are derived to their most likely outcomes by the use of this graphical or the diagrammatical options. There can be many terminologies been used for the decision tree like – Influence Diagram, Flow Chart and as the name suggests the decision is influenced by the diagram so it is clearly called as the Influence Diagram. Similarly the flow chart refers to the flow of the diagram of the process and how it is going to run or which way it will go.
There is no deadline that can stop our writers from delivering quality assignments to the students.
Get authentic and unique assignments by using our 100% plagiarism-free services.
The experienced team of Live web tutors has got your back at all times of the day. Get connected with our customer support executives to receive instant and live solutions for your assignment problems.
We can build quality assignments in the subjects you're passionate about. Be it Engineering and Literature or Law and Marketing we have an expert writer for all.
Get premium service at a pocket-friendly rate. At live web tutors, we understand the tight budget of students and thus offer our services at highly affordable prices.
Kudos to the writers of your platform. There are several students like me who are juggling their jobs and education together and thus fail to write assignments on time. Thank you for helping me with such short notice.
08 Aug 2020
Your experts have a great understanding of complex networking concepts. Thanks for writing my programming assignment in great detail. I am glad I asked for your help.
08 Aug 2020
I was hesitant to order my assignment online but when a friend recommended me to your platform my thoughts changed completely. Thank you for developing a great accounting paper.
08 Aug 2020
Great work. I will definitely order another assignment from your platform. I am glad to receive your expert assistance with my finance assignment.
08 Aug 2020
Amazing customer service, timely delivery, professional experts, and affordable rates. What else could I ask for? Thank you for helping me with my physics assignment.
08 Aug 2020