What it means to make decisions under assumed conditions

Assignment Help Business Management
Reference no: EM133359063

Subject: Business - OtherCourse: 3116: ISM3113 IN

Questions:

1. Define what it means to make decisions under assumed conditions of certainty, risk, and uncertainty.
2. Mention and describe TWO characteristics of the linear programming model (LP Model)
3. What is the 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 for successful Big Data analytics?
8. What common characteristics do emerging Big Data technologies have?
9. Indicate what cloud computing is (Cloud Computing) and mention at least three companies that offer this service.
10. Mention what is a data scientist (Data Scientist) and why is he so necessary today in organizations?

 

Reference no: EM133359063

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