Which of the Following Questions Will Prescriptive Analytics Help a Company

question 3

Multiple Choice

Which of the following questions will prescriptive analytics help a company address?

• A) How many and what types of complaints did they resolve?
• B) What is the best way of shipping goods from their factories to minimize costs?
• C) What do they expect to pay for fuel over the next several months?
• D) What will happen if demand falls by 10% or if supplier prices go up 5%?

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Definitions:

Administering

The process of managing or supervising the execution, application, or conduct of something.

Legitimate Absences

Any absence from work that is sanctioned or permitted by the employer, often due to illness, family obligations, or other acceptable reasons.

Merit Raises

Merit raises are salary increases awarded to employees based on their performance achievements, distinguishing them from across-the-board increases.

Employee-Employer Relationships

The formal and informal connections between employees and their employers, involving mutual rights, obligations, and expectations.