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Refer to the exhibits. Exhibit 1. Exhibit 2.
Exhibit 1 shows the logical plan, and Exhibit 2 shows the BOM that the administrator has made in Iris. What is missing from the IRIS BOM?
Sophisticated Algorithms
Complex and advanced sets of rules or processes designed to solve problems or make decisions in various applications, such as computer science or finance.
Data Analysis
The process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information and supporting decision making.
Share Of Customer
The amount of a customer’s total spending that a business captures in its sector, focusing on increasing purchases by existing customers rather than acquiring new ones.
CRM Efforts
Initiatives and practices relating to Customer Relationship Management, aimed at managing a company’s interaction with current and potential customers.
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