Use of Decision Tree and Risk Analysis as Aid of Decision Making(Case Study)
Journal Title: International Journal of Engineering and Science Invention - Year 2017, Vol 6, Issue 12
Abstract
Decision Tree (DT) is used successfully in many various areas such as big companies, institutes, industrial sectors and Governments with professional consultants to take a right hard decision among several true ones. The most important feature of DT is their capability to break down a complex decision-making process into a collection of simpler decisions, thus providing a solution which is easier to take. This paper presents a case study that using DT structure design, feature selection at each internal node, and decision making using expected monetary value (EMV). However, two analysis methods would be carried to assist decision making which they are the risk profile strategy and sensitivity analysis.
Authors and Affiliations
Abushaefah Abdulsamad, Mohammed Yussef
Keywords
Related Articles
- EP ID EP404201
- DOI -
- Views 87
- Downloads 0
Proposal of a Scientific Classification for Assessment of Logical Location of Interrupted Frameworks and Databases
A scientific categorization of assaults gives the ground to investigations of assault conduct and makes ready for outline and assessment of interruption location frameworks. In this research paper, a scientific categoriz...
Efficient Plantlet Regeneration from Leaf Base Explants of Aloe Vera (L.) Burm.F. Var. Cim-Sheetal an Important Medicinal Plant
The Present Study Was Undertaken To Investigate The Possibility For Developing A One-Step Regeneration Protocol In Aloe Vera (L.) Var. Cim-Sheetal. For This, The Effect Of Leaf Base Explants Was Cultured On Ms Medium Con...
Analysis of obstacle perception distance by road lighting condition depending on obstacle reflectivity
For the sake of the driver’s safety, appropriate road luminance andluminance contrast shall be provided through road lighting so as to be able to identify the alighment change and obstacle at a certain distance.The brigh...
Impact of Ranganadi Dam on Socio- Economic Condition of Fisher Community In The Downstream of Ranganadi River Dam, N.E. India
The study relates to the socio–economic condition of the fisher community in the downstream of Ranganadi River Dam, North-east India. The Population comprised of ST, OBC, SC and General Caste. The maximum population was...
The Use of Automation Applications for Efficient Braking of Modern Wind Turbines
The purpose of this research is to study the wind turbine brake system in order to describe the structure, function and efficiency of automation that slows down and / or immobilizes a wind turbine in highwind conditions...