Question: Three techniques of business analytics include descriptive analytics, predictive analytics, and prescriptive analytics. Match the technique you would use to answer each of the following
Three techniques of business analytics include descriptive analytics, predictive analytics, and prescriptive analytics. Match the technique you would use to answer each of the following questions
We have operated our two restaurants for several years. Which of our two restaurants will produce the greatest revenue next year?
What prices for our dessert menu items will maximize profit
What were sales for our menu items at our two restaurants last year?
Our inrestaurant shop sells various sauces and wines and wine implements glasses openers, and stoppers with our logo We have tried our products on various shelves. How do we think shelf placement low shelf versus middle shelf versus high shelf will affect our product sales volume next year?
Our inrestaurant shop sells various sauces and wines and wine implements glasses openers, and stoppers with our logo What products should we put on the low, middle and high shelves to maximize revenue?
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