Data Analytics and Decision Support Systems (DSS) Can Help Casinos

question 23

True/False

Data analytics and decision support systems (DSS) can help casinos make decisions about which customers to give incentives and comps to, what type of incentives and comps should be offered, and at what time.

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Definitions:

Rank-order

The arrangement or classification of items based on their importance, value, or quality in a sequential hierarchy.

Resolution Phase

The stage in conflict management or negotiation processes where parties come to an agreement and resolve their differences.

Initiation Phase

The initial stage in a process or project where objectives are set and tasks are begun.

Bargaining Phase

is a stage in negotiation wherein parties discuss their wants and needs directly, attempting to come to a compromise.