Question: A pizza chain already has 6 , 0 0 0 stores across the United States and wants to maximize overall market revenue when opening new
A pizza chain already has stores across the United States and wants to maximize overall market revenue when opening new stores. As a result, for every possible store location, they run a complex analysis that compares population demographics in that area to then predict potential cannibalization of existing stores if a new store were to be opened within mile. This type of analysis is an example of
improved merchandising
personalized recommendations
diagnostic analytics
descriptive analytics
predictive modeling
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