Marriott used which of the following management science techniques to help improve profit by $120 million over two years?
A) optimization, decision analysis, and forecasting
B) forecasting, queuing theory, and inventory analysis
C) queuing theory, optimization, and inventory analysis
D) forecasting, simulation, and optimization

Question

Quizplus · Accepted Answer

Marriott used forecasting to predict demand, simulation to model different scenarios, and optimization to determine the best course of action in order to improve profits.

Marriott Used Which of the Following Management Science Techniques to Help