decision tree

Beginner 💼 Corporate / Business

Definition

A flowchart-like diagram mapping out possible decision paths and their consequences, beloved by analysts who believe organizational chaos can be tamed with rectangles and arrows.

Example Usage

I've created a decision tree to help us evaluate which vendor to choose based on cost, timeline, and capabilities.

Origin

Originated in operations research and decision theory in the 1960s, formalized by J. Ross Quinlan in machine learning.

Fun Fact

Real organizational decisions rarely follow decision trees; they follow whoever shouts loudest in the meeting.

Source: Decision science and operations research terminology

Related Terms

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