What Types of BI Decisions Include Predicting Sales, Determining Correct

question 1

Multiple Choice

What types of BI decisions include predicting sales, determining correct inventory levels and distribution schedules among outlets, and loss prevention?

• A) Retail and sales BI decisions
• B) Banking BI decisions
• C) Operations management BI decisions
• D) Insurance BI decisions

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Definitions:

Hotel Guest

An individual who rents a room or accommodation in a hotel for a temporary stay.

Distributive Fairness

The perceived fairness of the outcomes received, such as goods or services, in transactions or interactions between parties.

Overbooked Flights

Flights for which an airline has sold more tickets than there are seats available, often leading to passenger reaccommodation.

Vouchers

Certificates or coupons that can be exchanged for goods, services, or discounts, often used as promotional tools or incentives.