Why Does UPS Use Data Analysis and Visualization as Part

question 31

Multiple Choice

Why does UPS use data analysis and visualization as part of its tactical and strategic planning process?

• A)Delivery time is mission-critical
• B)Workers need to quickly adjust operations as new information is received
• C)To build a single version of the truth
• D)a and b

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Definitions:

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than another entity, leading to more efficient trade possibilities.

Mutually Beneficial Trade

Trade that provides benefits to both parties involved, allowing them to attain a level of satisfaction or economic utility that would not be possible individually.

Specialization

Division of productive activities so that no one is self-sufficient.

Self-Sufficient

The ability of an individual, household, or nation to meet all their needs without external assistance or trade.