Nobody downloaded yet

UtilityProbability Tree Analysis - Essay Example

Comments (0) Cite this document
If we are too search for terrorists we are 90% certain that we are going to reach their secret hideout. However, this is very certain and we should go and find their hideout. However, once we reach there we have 70% chance that the hostages will not be booby-trapped and only 30% chance that these hostages will be booby-trapped…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94% of users find it useful
UtilityProbability Tree Analysis
Read TextPreview

Extract of sample "UtilityProbability Tree Analysis"

Download file to see previous pages However, if these hostages are booby trapped, there is 80% chance that some or all of the hostages will be killed and only 20% chance that all of the hostages will be saved. Considering both events, we can clearly see that in any event our chances of saving hostages are less than 50%. This means that it is more likely that all of the hostages will not be saved and hence we should plan our excursion in a way as to minimize the losses and to see if it is worth undertaking an excursion where all hostages cannot be saved. We should look at other alternative and make sure that if there are better options available where there are brighter chances of saving the hostages than the current situation. If there are other means and methods available then we should focus on the option where there is a most likely chance of saving the hostages. However, if there is no other option available than this excursion is the best possible option, and our team should focus on minimizing the losses as much as possible. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“UtilityProbability Tree Analysis Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from
(UtilityProbability Tree Analysis Essay Example | Topics and Well Written Essays - 500 Words)
“UtilityProbability Tree Analysis Essay Example | Topics and Well Written Essays - 500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF UtilityProbability Tree Analysis

Banyan Tree Case Study

...East? How could Banyan Tree address those issues? The major issues will be cultural and issues regarding PEST analysis and Porter's Five Forces. A PEST analysis takes the political, environmental, social and technical climate into account of each country (Mellahi, 2005, p. 33). These may be general factors, which means that they affect the country as a whole, or specific, which means that they only affect the firm's particular industry presented by the country’s culture. Political means aspects such as regulation, political risk and legislation. Economic means such aspects as currency exchange, the cost of capital, and, in the case of Banyan Tree, the costs of raw...
9 Pages(2250 words)Essay

Dollar Tree

...? Dollar Tree Case Study Dollar Tree Case Study Introduction Chains of discount stores have come and gone across Americafor decades. The reality is that the American consumer has already yearned from discounts when purchasing products, so stores like the Dollar Tree have always had a certain niche in the market. The effective management of such companies, however, is quite difficult to achieve. Not only must massive amounts of product be procured on a regular basis in order to attract customers, but expenses must be minimized as much and as consistently as possible in order to realize any type of revenue. As such, multiple branches are needed of any one retailer in order to truly realize...
7 Pages(1750 words)Case Study

Family Tree

...A Family Tree shows the lineage of a particular clan. It could really be a simple family tree that consists of the immediate family members or a moredetailed one that includes generates before. For this paper, I'll be focusing on my immediate family members. My immediate family members are my father, my mother and my sister. All in all, there are four people in my family including me, and our adorable pequeo chihuahua My latino family is quite unique and special. We live in California and basically that's where our family's most wonderful memories happened. My dad is the breadwinner while my mom stays at home. My sister and I are both teachers. My macho dad is a tall man. He has blue eyes and brown...
2 Pages(500 words)Assignment

Bonsai Tree

...Bonsai literally means a tree on a tray: "bon" is a tray-like container, and "sai" means tree. As we all know, bonsai is a product of a variety of techniques which let a full grown tree thrive in a small container. The tree looks like a miniature version of how the tree species looks in nature, only with artistic additions that make it seem more poetic than a specimen in the wild. Bonsais are not just trees that are planted in small containers and then left to nature: they are trimmed, pruned and shaped using wires according to an image in the mind of the bonsai grower. A bonsai is therefore known as somewhat of a living art, which...
3 Pages(750 words)Essay


...CASE STUDY tree What should Joan’s response to the reporter be other than hanging up or telling him to call back? Joan has various options before her. Two most possible ones are the following. She can follow the guidelines of her chief officer by keeping away from response. Make her officer’s recommendation of community based treatment to the accused clearly known to the press, thereby easing up the situation. Though both of the options are in operational in this particular situation, a judicious decision would be to opt for the second. It is because there have been already similar situations wherein the agency had to suffer. In this situation, a silence to the issue would only damage the reputation of the agency...
3 Pages(750 words)Essay

The Giving Tree (Silverstein)

...Dawn Murray Mr. Pierce Module English 215-section -005 Module ID: November 14, The Giving Tree “The Giving Tree” (1964) is a very pathetic story by famous American poet, fiction writer and cartoonist Shel Silverstein. The short-story, in a highly morbid way, narrates the process of life from childhood to old age, in a powerful manner by depicting the alterations in the desires, interests, necessities and views of the individuals along with the growth of his age. The story also describes the selfishness of humans towards the selfless objects of nature, which are always ready to serve the humans even by undergoing pains and sacrificing their life too during the course of time. The story also alludes to...
2 Pages(500 words)Book Report/Review

Tree Planting

...Planting a tree is not just the process of just planting a tree by digging a hole and throwing in the seeds. It requires a consistent effort to actually help a plan to survive and thrive over the period of time. Whenever someone is looking to plant a tree, it is extremely important to actually look for all the factors which can contribute towards the growth of tree and what you as an individual can actually do about it. If you want to plan a tree, here is a simple step by step process to be followed: 1. Identifying which tree you want to plant is the first step in this regard. Clearly define which tree you want to plant...
3 Pages(750 words)Essay

Decision tree

...but additional testing will illustrate if it can attain their maximum specification. Decision tree Decision hypothesis is a logical and systematic strategy to the analysis of decision making. A fine decision is one that is oriented on logic; reflects on all accessible data and potential alternatives, and the quantitative strategies of data. Acts and Events Identification Acts: Buying the Curie site now or Expanding Faraday site Uncertain events Buying the Curie site now Fabric does achieve maximum specification (MS), PPF estimate profit of £70.7M Prototype does achieve only basic standard (BS), PPF estimate profit of £35.4M abandoned project after buying Curie site (APBC), PPE estimate a loss of...
8 Pages(2000 words)Essay

Coffee tree genome sequenced

...Coffee Tree Genome Sequenced I think this article will investigate the sequence of chloroplast genome called Coffea Arabica L. it is one of the largest family of sequenced angiosperms. According to a recent rubiaceae report, the genome is 155 189 bp lengthwise and has close to 25 943 bp inverted repeats (Samson 339). In addition to that, it has 112 unique genes and i8 inverted repeats. The chloroplast genome is a close resemblance to the Solanaceae family that has 19 rps duplicated in the inverted repeat. The phylogenetic analyses of the DNA sequences of 61 proteins can support different methods that include rosids, euasterids, asteroids, eudicots, eurosids, and monocots. The accessibility of the absolute chloroplast...
3 Pages(750 words)Essay

Decision tree

...Decision tree The company should not give in to the union demands because it increases the unit cost from 3.52 to 4.07. By giving in, the company is disadvantaged to clinch the first contract unless other bidders place their bids far below their new unit cost. From the decision tree, it is evident that the company has very minimal chances of winning with a 0.81 probability to win should bidders quote a unit price of 4.07. The company can avoid the strike and agree with what the union suggests before the strike actually occurs. Even through the unit cost will increase from 3.52 to 3.8, it will be much better as when compared to allowing the strike to take place, which has adverse effects on winning the...
2 Pages(500 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic UtilityProbability Tree Analysis for FREE!

Contact Us