________ is a statistical and graphical multiphase decision-making technique that contains a series of steps showing the sequence and interdependence of decisions.
A)Decision support system
B)Decision-tree analysis
C)Break-even analysis
D)Supply-chain decision
E)Decision table

Question

Quizplus · Accepted Answer

Decision-tree analysis is a statistical and graphical multiphase decision-making technique that involves creating a tree-like model of decisions and their possible consequences, including chance event outcomes, resource costs, and utility. It's used to display an algorithm that only contains conditional control statements.

________ Is a Statistical and Graphical Multiphase Decision-Making Technique That