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Operations research DM thread

Decision Trees: Squares, Circles, Fold Back

My decision tree has squares and circles and I am lost

Lesson notes

Takeaway: Fold back: average at circles, choose the best at squares.

Quick check: In which direction do you evaluate a decision tree?
  1. Left to right
  2. Right to left
  3. Top to bottom

Folding back starts at the payoffs on the right and moves left.

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