Quantitative analysis theories to solve business problems and use numerical values in decision making to predict real world events. For instance, more data to get great returns in increased revenues, improved profits, and better understanding of the decision at hand.
Decision tree analysis is the most systematic tools of decision making theory and practice. Decision tree diagrams include activity forks and event forks. For example, "Le Cafe de Chocolate Lounge", the decision whether to hire consulting survey service to find out the possibility of chocolate lounge business or not hire survey service is the activity fork. The different alternatives such as are percentage s subject to uncertainty, that is an event fork.
Cash flow analysis is a technique to evaluate individual projects over the life of the project. For example, fast inventory turnover days will generate higher cash flow. NPV analysis takes cash flows and discounts them to their present-day value.
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