Question: Prescriptive analytics?refers to using optimization and simulation algorithms to provide advice on 'what should we do?' It explores several possible actions and suggests a course
Prescriptive analytics?refers to using optimization and simulation algorithms to provide advice on 'what should we do?' It explores several possible actions and suggests a course of action. Examples include providing advice on scheduling employees' work hours and supply level in order to meet customer demand, selecting a mix of products to manufacture, choosing an investment portfolio to meet a financial goal, or targeting marketing campaigns to specific customer groups on a limited budget.

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