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Decisions under assumed conditions of certainty

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1. Define what it means to make decisions under assumed conditions of certainty, risk, and uncertainty.

2. List and describe TWO characteristics of the linear programming model (LP Model)

3. What is What-If Analysis and what is it used for?

4. What is a Decision Table and a Decision Tree?

5. Name two advantages and two disadvantages of using simulations.

6. What is Big Data?

7. What factors make big data analytics successful?

8. What common characteristics do emerging Big Data technologies have?

9. Indicate what is cloud computing (Cloud Computing) and mention at least three companies that offer this service.

10. Mention what is a Data Scientist and why is it so necessary in organizations today?

Reference no: EM132958112

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