1 2500 Shuzworld H 2300 2 1500 Shuzworld F 2200 3 1800 Totals 5800 5800 Table A.2 Costs To/From Warehouse 1 Warehouse 2 Warehouse 3 Shanghai $4 $3 $3 Shuzworld H $3 $4 $2 Shuzworld F $2 $4 $6 Table A.3 - Low-Cost Method Data COSTS W1 W2 W3 Supply Shanghai 4 3 3 1300 Shuzworld H 3 4 2 2300 Shuzworld F 2 4 6 2200 Demand 2500 1500 1800 5800 \ 5800 Shipments Shipments W1 W2 W3 Row Total Shanghai 0 1300 0 1300 Shuzworld H 300 200 1800 2300 Shuzworld F 2200 0
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What did you do? To get a deeper insight into creating decision trees on the laptop‚ I started to inform myself about possible supporting tools that can be used. As I am using an Apple MacBook‚ I found out that the software “XMind” cannot just help for drawing decision trees‚ but also for developing flowing charts‚ mind maps or to-do-lists. I thought about using Microsoft Excel as a tool for sorting the data. However‚ I finally looked up the necessary information in the given table without using
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Decision Tree Analysis Choosing Between Options by Projecting Likely Outcomes Decision Trees are useful tools for helping you to choose between several courses of action. They provide a highly effective structure within which you can explore options‚ and investigate the possible outcomes of choosing those options. They also help you to form a balanced picture of the risks and rewards associated with each possible course of action. This makes them particularly useful for choosing between different
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Decision Tree A decision tree is a schematic tree shaped diagram which is used to determine a course of action or statistical probability. Each branch of the decision tree represents a possible decision or occurrence. A decision tree is important to use when planning the festival because we be able to see all of the possible outcomes for all of the options before investing and going ahead with them. From the decision tree we will be able to see how much can be made and how much can be lost when investing
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are many decisions which have to be made. One such decision opportunity arose about one week ago. The question was what to do with a major cable which is in the way of a guard rail that the Department of Transportation is installing. In this paper‚ the decision on what to do with this cable will be solved using a decision tree. The discussion will include the major factors involved in making the decision and also show how the final decision was made. Decision tree The decision tree is an effective
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Decision Trees for Decision Making The management of a company that I shall call Stygian Chemical Industries‚ Ltd.‚ must decide whether to build a small plant or a large one to manufacture a new product with an expected market life of ten years. The decision hinges on what size the market for the product will be. Possibly demand will be high during the initial two years but‚ if many initial users find the product unsatisfactory‚ will fall to a low level thereafter. Or high initial demand might
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A M BORISON Applied Decision Analysis. Inc. 27W Sand Hill Road Mcnio Park. California 94025 Oglethorpe Power Corporation (OPC) provides wholesale power to consumer-owned distribution cooperatives in Georgia. Late in 1990‚ OPC managers learned that Florida Power Corporation wanted to expand its connections to Georgia with another transmission line. To decide whether to build this line‚ OPC worked with Applied Decision Analysis‚ Inc. to conduct a comprehensive decision analysis in less than two
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Decision Tree Psy/410 The scenario chosen for this portfolio involves a woman seeking help with her addiction to methamphetamines. She wants to free her life from drugs but does not know how or where to start. Missouri offers several organizations and hotlines to help individuals get clean and sober. Center for addictions‚ SIGMA house‚ and Carol Jones alternative opportunities are all rehabilitation centers that offer both in and outpatient treatment. The Burrell center has a collaboration of
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Shuzworld Analysis: Workflow‚ Cost‚ Staffing JGT2 Decision Analysis‚ Task 1 Introduction: Shuzworld is a national retailer based in Omaha‚ Nebraska that focuses on selling shoes‚ boots‚ and sandals. In addition‚ the company produces its own line of products that include work boots‚ sandals‚ rubber boots‚ and rainwear; along with sport and adventure footwear (MindEdge‚ 2014). The purpose of this report is to provide recommendations based on several analyses involving the company’s workflow‚
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JGT2 Decision Analysis Task 1 A. Recommendations on how to improve current workflow in the Shanghai plant: In this section of the task‚ as the operations consultant of Shuzworld‚ I present my recommendations in detail on how to improve current workflow in the plant of Schuzworld’s Shanghai production facility. As I reached the Shanghai plant‚ I received a warm welcome by the plant’s operating director Mr. Alistair Wu. Wu is responsible for production at all the three facilities in China. His team
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