A decision tree can help you make tough choices between different paths and outcomes, but only if you evaluate the model correctly. Decision trees are graphic models of possible decisions and all ...

Financial decisions often involve many criteria. It can be difficult to choose among several options that differ according to multiple criteria, some of which favor each option. A decision matrix ...

Decisions can feel overwhelming, especially when you’re juggling pros and cons in your head. A classic list might seem ...

Decision trees are useful modeling tools to help you make decisions. Decision trees offer a structure to organize options and help you understand the possible results of choosing specific options.

As much as we want to complete everything on our never-ending to-do lists, we also are aware that there are only so many hours in the day—or so much energy to go around. When you’re not sure how to ...

Scottish scientist Dr. Stuart Pugh developed a method for improvement selection called Pugh’s Controlled Convergence. More ...