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DATA DRIVEN DECISION MAKING (C207) Western Governors University () Exam Notes with Decision Tree Analysis

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These latest updated exam notes for “DATA DRIVEN DECISION MAKING (C207)” at Western Governors University (2025–2026) cover a full strategic analysis scenario using decision tree methodology. The notes guide students through a case involving MPC's product line decisions, with a complete breakdown of relevant data values, expected value calculations, and justification for each strategic option. Includes key insights on the role of probabilities and demand, limitations of the model, and a recommended course of action based on economic logic.

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DATA DRIVEN DECISION MAKING (C207)
EXAM NOTES (Decision Tree Analysis)
LATEST UPDATED
Western Governors University

, A. Business Question

Should MPC create a fresh set of drugs, concentrate on improving current drugs, or do

nothing at all to alter its product line-up?

B. Relevant Data Values




C1. Decision Tree Diagram




C2. Justification for using Decision Tree Diagram

The use of decision tree analysis is deemed suitable for the current case owing to its capacity

to effectively simulate intricate decision-making processes that include many possibilities,

uncertainties, and possible consequences (Luthfi et al., 2019).

The use of decision tree analysis is very suitable for this particular circumstance due to its

ability to provide a clear representation of the predicted value associated with each of the

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