Question: Compare and contrast descriptive, predictive, and prescriptive analytics from a managerial decision-making perspective. In your study of Optimization in Chapters 13 and 15, what business
Compare and contrast descriptive, predictive, and prescriptive analytics from a managerial decision-making perspective. In your study of Optimization in Chapters 13 and 15, what business industries are most likely to use the types of models and why? Conclude your reflection with some remarks on your current confidence level in leading a business case where linear optimization would be a useful technique.
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