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Quantitative Problem Solving Using Decision Tree Analysis:
ICC experts can assist you to analyze your business problems in a scientific and methodical
quantitative method using expected monitory values as the outcome and a basis for your decisions.
Some of the activities involved here are:
- Meeting with Top Management to Discuss the Problem to be Solved
- Brain Storming and Assigning Alternative Courses of Action
- Producing Complete Decision Trees Representing the Management Inputs
- Quantitative Analysis of the Various Branches of the Tree Representing Various Actions and their Outcomes and Consequences
- Profit and Loss Representation of Each Course of Action
- Identifying the Best Courses of Action and the Expected Results Based on the Expected Monitory Values
- Final Recommendations and Implementation
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