Some business questions can be answered by simply examining the pros and cons of each alternative. However, more complex questions require a more rigorous examination.
With TreeAge Pro, you can create a model to map out an entire business process, including all decision points and all possible outcomes resulting from those decisions. Once you have assigned a value to each outcome and probabilities to each event, you can analyze the entire process to determine the optimal path for your organization.
You can then analyze the model further to consider the impact of uncertainty on your model – by considering whether changes in your parameters suggest different optimal strategies.