PindCart,a garment retailer,is not sure of the demand for its products during the festive seasons and ends up with very little profit.Which of the following business intelligence tools can help PindCart to predict the demand and maximize its sales?

Question

Quizplus · Accepted Answer

Online analytical processing (OLAP) is a business intelligence tool that can help PindCart predict demand by analyzing past sales data, identifying trends, and making forecasts. Spreadsheets and dashboards can also provide some insight, but may not be as robust or specialized as OLAP for this type of analysis. Drill-down analysis may be useful for exploring specific details within the data, but may not provide the bigger picture needed for demand forecasting.

PindCart,a Garment Retailer,is Not Sure of the Demand for Its