Torm the Analysis, Pune Aldiyues Saved Required: Select the prescriptive analytics term to its definition Prescriptive Analytics Term Prescriptive Analytics Definition Evaluating the outcomes based on uncertainty regarding the inputs. A technique used to analyze and address the question whether to manufacture a product in house or to purchase it (or outsource it externally) Analysis of potential future events by considering potential outcomes. A representation, or model of the financial outcomes resulting from a decision or future event. Technique used in management accounting (and in economics) to determine the change in profit associated typically with the cost or benefit of the next (or the marginal) unit