Consultants with decision-tree analysis and critical thinking...
quantitative problem solving and decision making helping management to make better decisions
PROBLEM SOLVING & DECISIONS
We have assisted several major corporations to analyze and solve their technical, managerial, and/or contractual problems using decision tree analysis and other quantitative techniques of problem-solving and decision-making.
The process usually involves the following steps:
- Meeting with top management to discuss the problem
- Brainstorming and assigning points to courses of action
- Producing complete decision trees
- 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
- Implementation process and final recommendation