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If you are the founder of a new analytics company or the leader of a major new analytics initiative within an existing company, what business areas would you focus on, what types of goals would you define, what types of data would you collect, and what types of models would you develop?
Case: You are a consultant for a Fabric company that burned down, this company was the only source of income for many of the town people they all worked there, as a consultant to the owner how to rebuild the company to where it will be better than be..
Graph these forecasts and the original data using Excel. What does the graph show? Which of the above forecasts is best? Why?
What would be your top three priorities in order of importance for ensuring short-term recovery from a disaster? Why?
Discuss the importance of designing for profit in product development. What happens when there is distortion in these goals?
Hotel Lux learns of Perlee's employment through a large advertisement in a New York City newspaper. It seeks to enjoin (prevent) Perlee from working in that restaurant as a chef for one year. Discuss how successful Hotel Lux will be in its action.
The forecast for each week of an eight week schedule is 50 units. The MPS rule is to schedule production if the projected on hand inventory would be negative without it. Customer orders are as follows
What are two core competencies of Facebook? Explain how they meet the criteria for a capability to be considered a core competency. What sustainable competitive advantage does Facebook have now? What is one area where you think Facebook can develop a..
What makes a sample biased or representative. What is the difference between argument and an explanation
The final stage in a bicultural audit usually involves: identifying cultural differences between merging companies. surveying both internal and external employees of a firm. Meetings of executives to think about important decisions. Identifying strat..
What is the business term given for a company that generates cash flows over and above its internal requirements and can provide the corporate parent with funds for reinvestment? The options for allocating a diversified company's financial resources ..
A manufacturer makes two products, doors and windows. Each must be processed through two work areas. Work area #1 has 60 hours of available production time. Work area #2 has 45 hours of available production time. Develop an objective function that wi..
You have learned that the data utilized should align with the outcomes for which the business is striving. What if the data does not align with the business outcomes. What potential issues could this cause in terms of making an informed decision. ..
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