Question: Prescriptive analytics is performed to identify the best possible options given or changing conditions.

Prescriptive analytics is performed to identify the best possible options given
or changing conditions.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Databases Questions!

Q:

Prescriptive analytics is performed to identify the best possible options given constraints or changing conditions. Why is optimizing price considered to be prescriptive analytics? Why is price...

Q:

Which analytics type works to identify the best possible options given constraints or changing conditions? Multiple choice question. descriptive analytics prescriptive analytics predictive analytics...

Q:

What type of business analytics identify the best possible options given constraints or changing conditions? prescriptive predictive distributive descriptive

Q:

What is the Analytics type for procedures that work to identify the best possible options given constraints or changing conditions? A . Prescriptive B . Predictive C . Diagnostic D . Descriptive

Q:

What is the analytics type for procedures that work to identify the best possible options given constraints or changing conditions

Q:

What is the analytics type for procedures that work to identify the best possible options given constraints or changing conditions

Q:

Required: Select the type of data to the best descriptive data visualization as either (1) ple chart or (2) bar chart or line chart Data Visualization Data Examples Tiend of net income over the past...

Q:

(LO 9-3) Match the prescriptive analytics term to its definition. Prescriptive Analytics Term Net present value Internal rate of return Annuity Lump sum payment Prescriptive analytics Descriptive...

Q:

1. Match the prescriptive analytics term to its definition. Prescriptive Analytics Term Net present value Internal rate of return Prescriptive Analytics Definition Analysis performed that identifies...

Q:

Required: Select the prescriptive analytics term to its definition Prescriptive Analyties Term Prescriptive Analytics Definition Analysis performed that identities best possible options given...

Q:

Management of Carla Vista Measures, Inc., is evaluating two independent projects. The company uses a 11.17 percent discount rate for such projects. The costs and cash flows for the projects are shown...

Q:

Norman and Suzanne own 38 shares of a fast food restaurant stock and 62 shares of a toy company stock. At the close of the markets on a particular day in 2004, their stock portfolio consisting of...

Q:

Which unit of labor has marginal revenue product equal to $1.50? (A) 1st (B) 2nd (C) 3rd (D) 4th (E) 5th

Q:

Seved Help 14 Wisconsin Snowmobile Corp. is considering a switch to level production Cost efficiencies would occur under level production, and aftertax costs would decline by $31,500, but inventory...

Q:

1 What are the strategic drivers that are forcing focal firms in the apparel industry to change their supply strategy? The enormous success of vertical retailers like H&M, Zara, Gap and Next in the...

Q:

A footwear company has a number of manufacturing facilities around Asia, as shown in Figure 4.8. There are five manufacturing sites in China, three in India, and one each in Thailand, Singapore and...

Q:

3 What are the pros and cons of locating materials handling operations such as labelling and packing in a distribution centre, as opposed to in the factory? Nike has a central customer service centre...