Questions
Single choice
A decision tree is used in supply chain analysis to:
Options
A.1) Eliminate uncertainty
B.2) Evaluate alternatives under uncertainty
C.3) Forecast demand
D.4) Schedule production
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Step-by-Step Analysis
When evaluating the purpose of a decision tree in supply chain analysis, we examine what decision trees are designed to do and how they handle information.
Option 1: 'Eliminate uncertainty' — This is a common misconception. Decision trees don’t eliminate uncertainty; they structure and analyze outcomes under different scenarios t......Login to view full explanationLog in for full answers
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