Question: Define optimization and contrast it with suboptimization
Define optimization and contrast it with suboptimization.
Answer to relevant QuestionsCompare the normative and descriptive approaches to decision making.Describe how DSS/BI technologies and tools can aid in each phase of decision making.Even though implementation of a decision involves change, and change management is very difficult, explain how change management has not changed very much in thousands of years. Use specific examples throughout history.What are some of the measures of effectiveness in a toy manufacturing plant, a restaurant, an educational institution, and the U.S. Congress?Why do you think large enterprises like Isle in the gaming industry can succeed without having a capable data warehouse/business intelligence infrastructure?
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