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    Fiqri
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    1. The document analyzes three options for a company to obtain water and evaluates the expected costs of each option. 2. The best choice identified is connecting to a local water system, with an expected cost of £44,000, rather than drilling a well which would cost much higher. 3. A decision tree model is presented to evaluate the options, with expected costs and probabilities included to calculate the expected value of each choice.

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    1. The document analyzes three options for a company to obtain water and evaluates the expected costs of each option. 2. The best choice identified is connecting to a local water system, with an expected cost of £44,000, rather than drilling a well which would cost much higher. 3. A decision tree model is presented to evaluate the options, with expected costs and probabilities included to calculate the expected value of each choice.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    10 views7 pages

    For Evaluation Only

    Uploaded by

    Fiqri
    1. The document analyzes three options for a company to obtain water and evaluates the expected costs of each option. 2. The best choice identified is connecting to a local water system, with an expected cost of £44,000, rather than drilling a well which would cost much higher. 3. A decision tree model is presented to evaluate the options, with expected costs and probabilities included to calculate the expected value of each choice.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 7

    For Evaluation Only

    Muhammad Fiqri Rihyawan "On my honor, I affirm that I have neither given nor received inappropriate aid in th
    29316056
    No. TreePlan Trial Version
    1 Connect to local water

    44000 44000

    Keep with guidelines

    0.3 0
    Low cost
    1
    -32000 -32000

    1 Survey company
    44000
    -600

    Keep with guidelines

    0.3 0
    Drill with guideline Med Cost
    1
    0 -45200 -44000 -44000

    Survey company

    -600

    Keep with guidelines

    0.4 0
    High Cost
    1
    -56000 -56000

    Survey company

    -600

    TreePlan Trial Version, For Evaluation Only TreePlan.com


    For Evaluation Only

    ived inappropriate aid in the completion of this exam"

    TreePlan.com No.
    2 Their best choices is
    44000 by connecting to
    local water, and the
    expected cost will be
    44.000 rather than
    drilling a well that
    cost much higher
    Keep with guidelines
    -32000
    -32000

    0.8
    Favourable
    -32600
    Survey company 0 -32600

    -32600 0.2
    Unfavourable
    -32600
    0 -32600

    Keep with guidelines


    -44000
    -44000

    0.6
    Favourable
    -44600
    Survey company 0 -44600

    -44600 0.4
    Unfavourable
    -44600
    0 -44600

    Keep with guidelines


    -56000
    -56000

    0.2
    Favourable
    -56600
    Survey company 0 -56600

    -56600 0.8

    TreePlan Trial Version, For Evaluation Only TreePlan.com


    For Evaluation Only

    Unfavourable
    -56600
    0 -56600aluation Only

    TreePlan Trial Version, For Evaluation Only TreePlan.com


    For Evaluation Only

    ID Name Value Prob Pred Kind NS


    0 0 TreePlan 0 0 0D 2
    0 1 0 0T 0
    0 2 0 0E 3
    0 3 16 T 0
    6 4 2D 2
    0 5 2D 2
    0 6 2D 2
    15 7 0 4T 0

    TreePlan Trial Version, For Evaluation Only TreePlan.com


    For Evaluation Only

    16 8 0 4E 2
    17 9 8T 0
    18 10 8T 0
    0 11 0 5T 0
    0 12 0 5E 2
    0 13 12 T 0
    0 14 12 T 0
    15 0 6T 0
    16 0 6E 2
    17 16 T 0

    TreePlan Trial Version, For Evaluation Only TreePlan.com


    For Evaluation Only

    S1 S2 S3 S4 S5 Row Col Mark


    1 2 0 0 0 13 1 1
    0 0 0 0 0 2 5 1
    4 5 6 0 0 25 5 1
    0 0 0 0 0 47 17 1
    7 8 0 0 0 10 9 1
    11 12 0 0 0 25 9 1
    15 16 0 0 0 40 9 1
    0 0 0 0 0 7 13 1

    TreePlan Trial Version, For Evaluation Only TreePlan.com


    For Evaluation Only

    9 10 0 0 0 14 13 1
    0 0 0 0 0 12 17 1
    0 0 0 0 0 17 17 1
    0 0 0 0 0 22 13 1
    13 14 0 0 0 29 13 1
    0 0 0 0 0 27 17 1
    0 0 0 0 0 32 17 1
    0 0 0 0 0 37 13 1
    17 3 0 0 0 44 13 1
    0 0 0 0 0 42 17 1

    TreePlan Trial Version, For Evaluation Only TreePlan.com

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