By Manktelow J.
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James Manktelow, 2003 Page 60 of 213 All rights reserved. This course, or parts thereof, may not be reproduced in any form without the permission of the publisher. com He has always loved open-topped sports cars. No car he can find is good for all three things. His options are: • A four wheel drive, hard topped vehicle • A comfortable family car • An estate car • A sports car Criteria that need to be considered are: • Cost • Ability to carry a sail board at normal driving speed • Ability to store sails and equipment securely • Comfort over long distances • Fun!
Com An example of the sort of thing you will end up with is shown in figure 1: Figure 1: Ex ample Decision Tree: Should we develop a new product or consolidate? D gh rou Tho pi d l op eve De ve l op nt me g oo d moderate p oo r me nt New P rod uct Ra market reaction g oo d moderate p oo r ate soli d Co n n the ng e r St Re ap P ro du P ro du ct s c ts g oo d moderate p oo r g oo d p oo r Once you have done this, review your tree diagram. Challenge each square and circle to see if there are any solutions or outcomes you have not considered.
This may involve setting up investigations, carrying out surveys, etc. These will be designed to test whether your assessments are correct. © James Manktelow, 2003 Page 35 of 213 All rights reserved. This course, or parts thereof, may not be reproduced in any form without the permission of the publisher. ’. Example: The example below shows a Cause & Effect diagram drawn by a manager who is having trouble getting cooperation from a branch office: © James Manktelow, 2003 Page 36 of 213 All rights reserved.