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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