Question: Demonstrate an understanding of what linear programming does vs. regression vs. forecasting. Describe an opportunity for the use of linear programming, modeling with regression and
Demonstrate an understanding of what linear programming does vs. regression vs. forecasting. Describe an opportunity for the use of linear programming, modeling with regression and forecasting in your organization/industry.
Your discussion should include (1) a general discussion of each technique, (2) the problem/decision that could be addressed and (3) where the data would come from -captured (artifact from doing business), collected (ex/ questionnaire), acquired (ex/purchased)?
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