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MTC (MegaTelCo) has decided to use supervised learning to address its problem of churn in its wireless phone business. As a consultant to MTC, you realize that a main task in the business understanding/data understanding phases of the data mining process is to define the target variable. In one or two sentences, please suggest a definition for the target variable. Be as precise as possible- someone else will be implementing your suggestion. (Remember: it should make sense from a business point of view, and it should be reasonable that MTC would have data available to know the value of the target variable for historical customers.)
What changes in political and economic environment allowed Telefoncia to start expanding globally? Why did Telefonica initially focus on Latin America? Why was it slower to expand in Europe even though Spain is a member of the European Union?
Eric Johnson (using data from Problem 1.6) determines his costs to be as follows: • Labor: $10 per hour • Resin: $5 per pound • Capital expense: 1% per month of investment •
An idea for a new business involves electronic recycling of computing devices including out dated servers, desk-top computers, laptops, ipads, and cell phones. Discuss the options to solicit out-dated computing devices; sources from where such device..
Suppose you are employed in an entry-level management position in a large bank. What specific considerations (contingencies) would you identify of sending an e-mail versus talking in person to someone else in a bank?
the stamping machines are expected to have 90 percent efficiency considering adjustments, changeover of patterns, and unavoidable downtime. How many stamping machines are required?
Small employees are less likely than large employers to offer health insurance to their employees. One reason for this that health insurance tends to cost more for small employers than large employers. Explain why health tends to cost more for smalle..
complete the external environmental scan for your organization.perform an internal competitive environmental scan for
Compute the tact time for a system where the total time per shift is 530 minutes, there is one shift, and workers are given two 11-minute breaks and 40 minutes for lunch. Daily demand is 204 units.
Dry Ice., is a manufacturer of air conditioners that has seen its demand grow significantly. The company anticipates nationwide demand for the next year to be 180,000 units in the South, 120,000 units in in the Midwest, 110,000 units in the East, and..
Fran, Joe, and Mike formed a general partnership to operate a flower shop called Fresher Flowers. One of Fran’s jobs is to make deliveries using the partnership truck. In one such delivery, Fran negligently ran a stop sign, striking a car driven by P..
You have been called in as a consultant to analyze the operations at WRU. Based on the readings, what would you advise Widgets ‘R Us to do in order to sustain the competitive advantage in the widget market?
Explain what is meant by Vendor Management Inventory
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