Explain why modeling may not be used in healthcare industry

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Reference no: EM133631189

Problem: Define prescriptive analytics and explain how it can be applied in the healthcare industry to improve patient outcomes. Discuss two model-based, decision-making processes and trends in modeling. Examples: model libraries, solution technique libraries, architecture-cloud-based tools, linear program model and multidimensional analysis modeling. Explain why modeling may not be used in the healthcare industry as frequently as it should or could be. Describe three benefits of using spreadsheets in prescriptive analytical modeling examples.

Reference no: EM133631189

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