
Descriptive decision models:
A) aim to predict what will happen in the future.
B) do not tell a manager what to do.
C) help analyze the risks associated with various decisions.
D) do not facilitate evaluation of different decisions.
Correct Answer:
Verified
Q5: Predictive analytics:
A) summarizes data into meaningful charts
Q6: The total cost of reaching consumers (C)
Q13: Which of the following inputs of a
Q14: Descriptive analytics:
A) can predict risk and find
Q15: Which of the following questions will prescriptive
Q16: What is a database?
A)a collection of related
Q26: Profit is computed as the difference between
Q35: Middle managers in operations:
A) develop staffing plans.
B)
Q36: Which of the following is the first
Q38: When will a company use a predictive
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