Decision trees:
A)may be useful in making effective supplier selection decisions the first-time a buying decision is made,but not on repetitive purchases.
B)may be useful in making effective supplier selection decisions if probabilities of success and failure are assessed for each option.
C)may be useful in making effective supplier selection decisions when making repetitive purchases,but not special,one-time purchases.
D)are of limited value because options can only be evaluated qualitatively,not quantitatively.
E)cannot reflect past decisions so they are useless as a decision tool when making repetitive purchases.

Question

Decision trees:
A)may be useful in making effective supplier selection decisions the first-time a buying decision is made,but not on repetitive purchases. 
B)may be useful in making effective supplier selection decisions if probabilities of success and failure are assessed for each option. 
C)may be useful in making effective supplier selection decisions when making repetitive purchases,but not special,one-time purchases. 
D)are of limited value because options can only be evaluated qualitatively,not quantitatively. 
E)cannot reflect past decisions so they are useless as a decision tool when making repetitive purchases.

Quizplus · Accepted Answer

Decision trees can be useful in supplier selection if probabilities of success and failure are assessed for each option. This allows for a quantitative evaluation of the options. Decision trees can be useful for both first-time and repetitive purchases.

Decision Trees