dnewell08
dnewell08
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Decision Trees, Expected Value of Perfect Information, Expected Value of Imperfect Information
EM 384, Decision Trees, Expected Value of Perfect Information (EVPI) and Expected Value of Imperfect Information (EVII), Oil Exploration PE, Department of Systems Engineering, West Point
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  • @robocop2u2
    @robocop2u2 2 года назад

    this is entirely useless you show a way in your video to download Analytic Solver and/or Decision Tree.

  • @portaltaker
    @portaltaker 2 года назад

    Thank you so much for this! My lecturer explained this terribly and this really helped!

  • @4dante
    @4dante 2 года назад

    Great content thank you I wish you had some more available. I find it very funny that West Point wants to drill for oil it’s like you know about the internet memes about Americans and oil

  • @pravinsail7660
    @pravinsail7660 3 года назад

    hello, wanted to know the excel pack that you used to asses the decision tree maker

  • @thoughtsvore8466
    @thoughtsvore8466 3 года назад

    How is the expected value calculated ?

  • @thoughtsvore8466
    @thoughtsvore8466 3 года назад

    Thank you !!!

  • @TheGirlElement
    @TheGirlElement 4 года назад

    Thanks Cap'n

  • @elago794
    @elago794 4 года назад

    what is the name of this add-in?

    • @miowooshawn4083
      @miowooshawn4083 4 года назад

      It's called tree plan, but hopefully you already found it

  • @navyasdreamscape8129
    @navyasdreamscape8129 4 года назад

    Please watch my video and share your feedback. ruclips.net/video/FfEeG9Bg-RM/видео.html

  • @alanbocardo10
    @alanbocardo10 4 года назад

    Dulce Estuvo aquí

  • @dhairyaraja9633
    @dhairyaraja9633 4 года назад

    Why are we not deducting the outflow of of $7000 and only using - $10000 of digging costs as the outflow to determine the EV?

    • @dhairyaraja9633
      @dhairyaraja9633 4 года назад

      Like why is it deducted separately outside of the Decisions tree?

  • @collincushing1068
    @collincushing1068 4 года назад

    Wow this is an amazing video. You remind me of one of my instructors. He likes to give extra credit to some of his students, on occasion. Maybe he'll give me some in relation to problems like this. One can hope!

    • @dnewell08
      @dnewell08 4 года назад

      Nice try Collin! Made me laugh..

  • @augustoprivat4728
    @augustoprivat4728 5 лет назад

    Thanks Captain

  • @airhunter619
    @airhunter619 5 лет назад

    Well done, you have a knack for teaching. This helped me in my master's class on analytical decision making.

  • @riaanackerman6372
    @riaanackerman6372 5 лет назад

    Thank you for your lesson! This helped me very much. I am struggling to calculate EVPI if the decision tree has more decision and chance nodes. How do I "flip" a larger tree?

  • @brendongehrke1423
    @brendongehrke1423 5 лет назад

    how do you add analytic solver?

  • @clye7788
    @clye7788 6 лет назад

    wtf thanks so much!

  • @jakethoman6682
    @jakethoman6682 6 лет назад

    Thanks CPT, super easy to follow and track on

  • @natdanaikhunsriuchen2227
    @natdanaikhunsriuchen2227 6 лет назад

    Thank you Sir. Great video for decision trees analysis so far