$1$ Review Homework

Question $2,1\mathrm{.}1\mathrm{.}2$

Part $2$ of $3$

HW Score

How might analytics be used in the following situations?

a$.$ Making and marketing a new product

b$.$ Deciding where to locate a new plant

c$.$ Determining a personal investment plan

a$.$ What might analytics be used to do when making and marketing a new product? Select all that apply.

A$.$ Determine advertising allocations

B$.$ Manage the supply chain

C$.$ Schedule production

D$.$ Understand consumer preferences

b$.$ What might analytics be used to do when deciding where to locate a new plant? Select all that apply.

A$.$ Find the location that minimizes overall cost

B$.$ Determine the optimal number of plants to build

C$.$ Design the product to be built at the plant

D$.$ Compare costs of alternative locations