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Decision Tree Analysis

Decision trees are widely used in operations research. It is mostly applied in decision analysis in order to help and identify that strategy that most likely may lead to reaching a goal. It is also known as a popular tool in machine learning, thus it worth knowing about it from this article.

The ConceptDraw DIAGRAM diagramming and drawing software is the one that can help with creating the needed drawing, including a decision tree. Making decision tree analysis, it is always easy to make the needed matrix as there are plenty of pre-made templates to be used.

decision maker, analytic hierarchy process (ahp), t chart, decision matrix, decision tree analysis Decision Making

decision maker, analytic hierarchy process (ahp), t chart, decision matrix, decision tree analysis
The Decision Making solution offers the set of professionally developed examples, powerful drawing tools and a wide range of libraries with specific ready-made vector decision icons, decision pictograms, decision flowchart elements, decision tree icons, decision signs arrows, and callouts, allowing the decision maker (even without drawing and design skills) to easily construct Decision diagrams, Business decision maps, Decision flowcharts, Decision trees, Decision matrix, T Chart, Influence diagrams, which are powerful in questions of decision making, holding decision tree analysis and Analytic Hierarchy Process (AHP), visual decomposition the decision problem into hierarchy of easily comprehensible sub-problems and solving them without any efforts.
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How to Draw a Decision-Making Diagram

How to Draw a Decision-Making Diagram
The Decision-Making solution provides ConceptDraw DIAGRAM users with vector libraries, containing a full set of flowchart symbols. Also, it offers a number of templates and samples, making short work of creating a graphical view of decision-making processes.

Decision Making

Decision Making - ConceptDraw Office suite provides visual tools that are given support on the stage of the decision making. The Seven Management and Planning Tools is a set for such diagrams: Affinity Diagram, Relations Diagram, Prioritization Matrix, Root Cause Tree Diagram, Involvement Matrix, PERT Chart, Risk Diagram (PDPC).
This marketing diagram sample represents decision tree. It was redesigned from the Wikimedia Commons file: Decision Tree on Uploading Imagesv2.svg.
[commons.wikimedia.org/ wiki/ File:Decision_ Tree_ on_ Uploading_ Imagesv2.svg]
"A decision tree is a decision support tool that uses a tree-like graph or model of decisions and their possible consequences, including chance event outcomes, resource costs, and utility. It is one way to display an algorithm.
Decision trees are commonly used in operations research, specifically in decision analysis, to help identify a strategy most likely to reach a goal. ...
A decision tree is a flowchart-like structure in which internal node represents test on an attribute, each branch represents outcome of test and each leaf node represents class label (decision taken after computing all attributes). A path from root to leaf represents classification rules.
In decision analysis a decision tree and the closely related influence diagram is used as a visual and analytical decision support tool, where the expected values (or expected utility) of competing alternatives are calculated.
A decision tree consists of 3 types of nodes:
(1) Decision nodes - commonly represented by squares.
(2) Chance nodes - represented by circles.
(3) End nodes - represented by triangles.
Decision trees are commonly used in operations research, specifically in decision analysis, to help identify a strategy most likely to reach a goal." [Decision tree. Wikipedia]
The marketing diagram example "Decision tree" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Marketing Diagrams solution from the Marketing area of ConceptDraw Solution Park.
Marketing flowchart
Marketing flowchart, process, off-page reference, circle,
Used Solutions

Influence Diagram Software

Influence diagram (ID) is a graphical and mathematical representation of the decision. Influence diagrams are widely used in the decision analysis and in the game theory. They are the alternative to the decision tree. The influence diagram gives to analyst the high-level conceptual view that it can use to build the detailed quantitative model. This sample shows the Influence diagram. It is a directed acyclic graph with three types of nodes: Decision node is drawn as a rectangle, Uncertainty node is drawn as an oval, Value node is drawn as an octagon. The nodes are connected with arcs.

Cause and Effect Analysis

Cause and Effect Analysis - The Seven Management and Planning Tools is a tool for Cause and Effect Analysis that allows users to analyze the root causes for factors that influenced the problem. This diagram is constructed separately for each highly prioritized factor. The Diagram is then used for further formulation of potential actions.
7MP Tools
7MP Tools

Fault Tree Diagram

ConceptDraw DIAGRAM diagramming and vector drawing software offers the Fault Tree Analysis Diagrams Solution from the Industrial Engineering Area of ConceptDraw Solution Park for quick and easy creating the Fault Tree Diagram of any degree of detailing.

ConceptDraw Arrows10 Technology

How should diagramming software work? The answer is - Fast and easy. "Tree"- mode drawing works like that. Just select objects in your drawing and press Tree or Chain button to connect all of them just in one click. Your diagram looks professional and it took only a moment to draw.

ConceptDraw DIAGRAM Compatibility with MS Visio

The powerful diagramming and business graphics tools are now not exception, but the norm for today’s business, which develop in incredibly quick temp. But with the abundance of powerful business diagramming applications it is important to provide their compatibility for effective exchange the information between the colleagues and other people who maybe use different software in their work. During many years Microsoft Visio™ was standard file format for the business and now many people need the visual communication software tools that can read the Visio format files and also export to Visio format. The powerful diagramming and vector drawing software ConceptDraw DIAGRAM is ideal from the point of view of compatibility with MS Visio. Any ConceptDraw DIAGRAM user who have the colleagues that use MS Visio or any who migrates from Visio to ConceptDraw DIAGRAM , will not have any problems. The VSDX (Visio′s open XML file format) and VDX formatted files can be easily imported and exported by ConceptDraw DIAGRAM , you can see video about this possibility.