Main categories-predictive and descriptive tasks

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Question

Data mining tasks are generally divided into two main categories-predictive and descriptive tasks. As an example, auto manufacturers use this extensively. The auto manufacturers depend on auto part/module manufacturers to build and ship to them in a timely manner. If the auto manufacturers were to run out of parts, they would need to stop the line assembling autos, which is very expensive.

How would an auto part manufacturer (aka Tier 1 manufacturers) use predictive process and the shipment timing process?

Reference no: EM132909087

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