A Business Strategy Example with Decision Trees in Excel

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A company is launching a new line of products and is torn between a marketing and production strategy that can be aggressive, basic, or cautious. Considering the related payoffs and probabilities that the market will react well (or not) to their product, what is the best strategy to pursue?
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Great video! Had to comment that you helped me solve my problem after trying it for 2+ hours! :)

ookoza
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I love this best course I ahd taken as industiral engineer is Decision analysis
we learned all that you have mentioned but the question bugging me is where this techniques so to speak is Applicable in Real Life . is there Job where you would have to do this kind of Analysis

lbywsvp
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What a great video!, thanks.

by the way, can u give me the
bibliography of your example please ?

richardrobertbraulporras
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How to take this tree to word?
My tree does not fit
Can you help me please?

shishirneupane
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Hello Tallys,

First and foremost, thanks a lot for explaining this, I have an issue that the 1, 2, 3 doesn't show in my decision nodes, do you happen to know why?

randkawa