View
217
Download
0
Category
Preview:
Citation preview
8/11/2019 TreePlan 184 Example Mac 2011
http://slidepdf.com/reader/full/treeplan-184-example-mac-2011 1/19
TreePlan for Excel 1.84
Decision Tree Software
Add-In for Microsoft Windows Excel 2007-2013
and for Macintosh Excel 2011
TreePlan helps you build and modify decision tree diagramsin Excel worksheets. TreePlan automatically puts formulas
on your worksheet for evaluating these trees.
To build a new decision tree, first create a new worksheet.
Then start TreePlan in one of two ways:
Windows Excel 2007, 2010, & 2013
Add-Ins > TreePlan Decision Tree, or Ctrl+Shift+T
Macintosh Excel 2011
Tools > TreePlan Decision Tree, or Option+Cmd+T
When the TreePlan...New dialog box appears, choose
New Tree. TreePlan builds a tree diagram with an initial
decision node and two branches. The tree diagram begins
with the upper left corner of the diagram near the active
cell at the time New... is chosen. TreePlan assigns the
name TreeDiagram to the range of the tree diagram and
sets Excel's Print_Area equal to TreeDiagram.
To change the structure of the tree diagram, select a node,
start TreePlan, and choose commands from a TreePlan
dialog box. Do not use Excel's commands to modify
the tree structure or any other cells or graphic objects in
the tree diagram. Only use TreePlan.
On the left side of each branch of the tree diagram, there is
a name field above the branch line and a partial-cash-flow
value field below the line. On the left side of eventbranches, there is also a probability field above the name
field. Decision nodes also have a number in them indicating
the optimal branch.
On the right side of each branch of the tree diagram, there
is a rollback Expected Value field below the line near
each node. TreePlan automatically puts the rollback EV
8/11/2019 TreePlan 184 Example Mac 2011
http://slidepdf.com/reader/full/treeplan-184-example-mac-2011 2/19
formula into this cell: maximum of successor EVs at a
decision node, and expected value of successor EVs at an
event node.
To the right of the terminal nodes, there is an endpoint
value field that sums all of the partial cashflows in the tree.
Internally, TreePlan uses the TreeData range, near cell
GV1000, to construct the TreeDiagram.
CAUTION: Do not insert or delete rows or columns in the
TreeDiagram or TreeData ranges. Modify the tree diagram
only by using TreePlan's menu options.
TREEPLAN...DECISION and
TREEPLAN...EVENT dialog boxes
Add branch
Adds a single branch after the selected node .
(No more than 5 branches are allowed.)
Copy subtree
Copies the selected node and all its successors to the
TreePlan clipboard.
Insert decision
Inserts a decision node and single branch before the
selected node.
Insert event
Inserts an event node and single branch before the
selected node.
Change to decision
Changes the selected event node to a decision node and erases the probability fields from the event branches.
Change to event
Changes the selected decision node to an event node.
Shorten tree
Removes the selected node and its single successor
8/11/2019 TreePlan 184 Example Mac 2011
http://slidepdf.com/reader/full/treeplan-184-example-mac-2011 3/19
8/11/2019 TreePlan 184 Example Mac 2011
http://slidepdf.com/reader/full/treeplan-184-example-mac-2011 4/19
8/11/2019 TreePlan 184 Example Mac 2011
http://slidepdf.com/reader/full/treeplan-184-example-mac-2011 5/19
Use mechani
-120000
0.5 Try electronic
Awarded contract
2 -50000
250000 90000
Prepare proposal
Try magnetic
-50000 20000
-80000
1 0.5
20000 Not awarded contract
0 -50000
Do not prepare proposal
0 0
8/11/2019 TreePlan 184 Example Mac 2011
http://slidepdf.com/reader/full/treeplan-184-example-mac-2011 6/19
al method
80000
80000
0.5
Electronic success
150000
method 0 150000
90000 0.5
Electronic failure
30000
-120000 30000
0.7
Magnetic success
120000
method 0 120000
84000 0.3
Magnetic failure
0
-120000 0
-50000
0
8/11/2019 TreePlan 184 Example Mac 2011
http://slidepdf.com/reader/full/treeplan-184-example-mac-2011 7/19
Use mechanic
-$120,000
0.5 Try electronic
Awarded contract
2 -$50,000
$250,000 $90,000
Prepare proposal
Try magnetic
-$50,000 $20,000
-$80,000
1 0.5
$20,000 Not awarded contract
$0 -$50,000
Do not prepare proposal
$0 $0
8/11/2019 TreePlan 184 Example Mac 2011
http://slidepdf.com/reader/full/treeplan-184-example-mac-2011 8/19
l method
$80,000
$80,000
0.5
Electronic success
$150,000
ethod $0 $150,000
$90,000 0.5
Electronic failure
$30,000
-$120,000 $30,000
0.7
Magnetic success
$120,000
ethod $0 $120,000
$84,000 0.3
Magnetic failure
$0
-$120,000 $0
-$50,000
$0
8/11/2019 TreePlan 184 Example Mac 2011
http://slidepdf.com/reader/full/treeplan-184-example-mac-2011 9/19
Use mechani
-$120,000
0.5 Try electronic
Awarded contract
2 -$50,000
$250,000
Prepare proposal
Try magnetic
-$50,000
-$80,000
1 0.5
Not awarded contract
$0
Do not prepare proposal
$0
8/11/2019 TreePlan 184 Example Mac 2011
http://slidepdf.com/reader/full/treeplan-184-example-mac-2011 10/19
al method
$80,000
0.5
Electronic success
$150,000
method $0
0.5
Electronic failure Use mechanical method
1 $30,000
$0 -$120,000
0.7
Magnetic success
$120,000
method $0
0.3
Magnetic failure Use mechanical method
1 $0
$0 -$120,000
-$50,000
$0
8/11/2019 TreePlan 184 Example Mac 2011
http://slidepdf.com/reader/full/treeplan-184-example-mac-2011 11/19
Use mechani
-$120,000
0.5 Try electronic
Awarded contract
1 -$50,000
$250,000 $80,000
0.41335
Prepare proposal
Try magnetic
-$50,000 $1,337
0.00887 -$80,000
1 0.5
$1,337 Not awarded contract
0.00887
$0 -$50,000
-0.39561
Do not prepare proposal
$0 $0
0.00000
8/11/2019 TreePlan 184 Example Mac 2011
http://slidepdf.com/reader/full/treeplan-184-example-mac-2011 12/19
al method
$80,000
$80,000
0.41335
0.5
Electronic success
$150,000
method $0 $150,000
0.63212
$78,307 0.5
0.40669 Electronic failure
$30,000
-$120,000 $30,000
0.18127
0.7
Magnetic success
$120,000
method $0 $120,000
0.55067
$73,035 0.3
0.38547 Magnetic failure
$0
-$120,000 $0
0.00000
-$50,000
$0
8/11/2019 TreePlan 184 Example Mac 2011
http://slidepdf.com/reader/full/treeplan-184-example-mac-2011 13/19
Use mechani
-$120,000
0.5 Try electronic
Awarded contract
1 -$50,000
$250,000 $80,000
0.78714
Prepare proposal
Try magnetic
-$50,000 $1,337
0.39357 -$80,000
1 0.5
$1,337 Not awarded contract
0.39357
$0 -$50,000
0.00000
Do not prepare proposal
$0 $0
0.38494
8/11/2019 TreePlan 184 Example Mac 2011
http://slidepdf.com/reader/full/treeplan-184-example-mac-2011 14/19
8/11/2019 TreePlan 184 Example Mac 2011
http://slidepdf.com/reader/full/treeplan-184-example-mac-2011 15/19
Title License Agreement for TreePlan, SensIt, and SimVoi
Introduction Carefully read the following license agreement. This is a
contract. By downloading, accepting delivery of, installing, or using any
part of the Software, licensee agrees to be bound by all terms and
conditions of this license.
Definitions The software product, “Software,” means the Pro, Student,
or Trial version of TreePlan, SensIt, or SimVoi, including the Excel add-
in files, associated example files, and electronic documentation files,
and also any updates or modifications of the foregoing provided by
TreePlan Software.
The licensor, “TreePlan Software” or “We” or “Us” or “Our,” means
Mike Middleton or Michael R. Middleton, doing business as TreePlan
Software, a sole proprietorship, located at 2105 Buchanan Street, #1,
San Francisco, CA 94115 USA.
The licensee, “You” or “Your,” means the individual person or a single
organizational entity that is being licensed to use the Software.
This license agreement, “Agreement,” means this legal and binding
agreement between you and TreePlan Software for the Software you
are about to download, install, or use.
"Use" of the Software means the use of any of the Software functions
to define, solve, analyze, or obtain results for a user-defined model.
8/11/2019 TreePlan 184 Example Mac 2011
http://slidepdf.com/reader/full/treeplan-184-example-mac-2011 16/19
Ownership The Software is owned and copyrighted by TreePlan
Software. Your license confers no title or ownership in the Software
and should not be construed as a sale of any right in the Software. We
remain the sole owner of all right, title, and interest in the Software
and related explanatory written and electronic materials. You
acknowledge that no title to the intellectual property in the Software
is transferred to you by the license. You further acknowledge that titleand full ownership rights to the Software will remain the exclusive
property of TreePlan Software and that you will not acquire any rights
to the Software except as expressly set forth in this license.
Copyright The Software is protected by United States copyright laws
and international treaty provisions.
Pro License Upon purchase or receipt of a Pro license, you may installand use the Pro version of the Software for single individual use on
multiple computers, or you may install the Pro version on a single
computer for shared use, but not both.
Student License The Student license is only for instructional use by
students and instructors, and the Software may not be used for
commercial purposes. Upon purchase or receipt of a Student license,
you may install and use the Student version of the Software for single
individual use on multiple computers, or you may install the Student
version on a single computer for shared use, but not both.
Trial License TreePlan Software grants you the right to install and use
the Trial version of the Software free of charge for single individual use
on one computer for no longer than thirty days, after which you must
delete all of the Software files from your computer. During the Trial
period the Software is licensed only for evaluation and may not be
used for commercial, instructional, or other production purposes.
8/11/2019 TreePlan 184 Example Mac 2011
http://slidepdf.com/reader/full/treeplan-184-example-mac-2011 17/19
Volume Licenses For a volume purchase of Pro or Student licenses for a
group of individual users, the primary purchaser may duplicate and
distribute the corresponding version of the Software to those licensed
users by disk, secure network, secure web site, or email attachment.
For any method of distribution, the Software must be accessible only
to people who have a license.
For a volume purchase of Pro or Student licenses for shared use on a
group of computers, each computer must have its own license,
regardless of whether the Software is used at different times or
concurrently. The Software may be installed on each licensed
computer or on a network, provided there is a license for each
computer that will access the Software through the network.
For a volume purchase, TreePlan Software provides support only to
the primary purchaser or to another person designated by the
purchaser.
Backup Copy You may copy the Software for backup and archival
purposes, provided that the original and each copy is kept in your
possession and is not available to others.
Accessibility You may not place the Software onto a server so that it is
accessible via a public network such as the Internet.
License Transfer You may not sublicense, sell, lease, rent, assign or
otherwise transfer the license rights granted herein without the prior
written consent of TreePlan Software.
Modifications You may not modify or adapt the Software or merge it
into another program.
Reverse Engineering You may not reverse engineer, disassemble,
decompile, or make any attempt to discover the source code of the
Software.
8/11/2019 TreePlan 184 Example Mac 2011
http://slidepdf.com/reader/full/treeplan-184-example-mac-2011 18/19
Sublicensing You may not sublicense, rent, lease, or lend any portion of
the Software and related explanatory written and electronic materials.
Limited Warranty We warrant that for a period of 90 days after
delivery of this copy of the Software to you the Software will perform
in substantial accordance with the related explanatory materials.
To the extent permitted by applicable law, the foregoing limited
warranty is in lieu of all other warranties or conditions, express or
implied, and we disclaim any and all implied warranties or conditions,
including any implied warranty of title, non-infringement,
merchantability or fitness for a particular purpose, regardless of
whether we know or had reason to know of your particular needs.
No employee, agent, dealer, reseller, or distributor of ours is
authorized to modify this limited warranty nor to make any additional
warranties.
Some states do not allow the limitation or exclusion of liability for
incidental or consequential damages, so the above limitation may not
apply to you.
Limited Remedy Our entire liability and your exclusive remedy for
breach of the foregoing warranty shall be, at our option, to either
return the price you paid or replace the Software file that does not
meet the foregoing warranty.
In no event will we be liable to you for any damages, including any lost
profits, lost savings, or other incidental or consequential damages
arising from the use or the inability to use the Software (even if we or
an authorized dealer, reseller, or distributor has been advised of the
possibility of these damages), or for any claim by any other party.
Some states do not allow the limitation or exclusion of liability for
incidental or consequential damages, so the above limitation may not
apply to you.
8/11/2019 TreePlan 184 Example Mac 2011
http://slidepdf.com/reader/full/treeplan-184-example-mac-2011 19/19
Termination This license agreement takes effect upon your use of the
Software and remains effective until terminated. You may terminate it
at any time by destroying all copies of the Software and related
explanatory materials in your possession. It will also automatically
terminate if you fail to comply with any term or condition of this
license agreement. You agree on termination of this license to destroy
all copies of the Software and related explanatory materials in yourpossession.
Confidentiality The Software contains trade secrets and proprietary
know-how that belong to us and it is being made available to you in
strict confidence. Any use or disclosure of the Software, or of its
algorithms, protocols or interfaces, other than in strict accordance
with this license agreement, may be actionable as a violation of our
trade secret rights.
General Provisions This written license agreement is the exclusiveagreement between you and us concerning the Software and related
explanatory materials and supersedes any prior purchase order,
communication, advertising or representation concerning the
Software.
This license agreement may be modified only by a writing signed by
you and us.
In the event of litigation between you and us concerning the Software
or related explanatory materials, the prevailing party in the litigation
will be entitled to recover attorney fees and expenses from the other
party.
This license agreement is governed by the laws of the State of
California.
You agree that the Software will not be shipped, transferred or
exported into any country or used in any manner prohibited by the
Recommended