Brief analytics discussion
This discussion refers to the use of prescriptive analytics in Excel.
What kind of decisions do you need to make that require you to assign a scarce resource? Think about materials or money that you need to allocate to different initiatives. What goals do you have for using prescriptive analytics?
Instructions:
Create a post in which you identify 1-2 ways you hope to be able to use prescriptive analytics in your work (with Excel). Just a simple 100-200 word answer.
Just make sure answer refers to how you would use analytics in Excel.
Solution Preview
In business, various measures are taken to ensure businesses are making profits and moving in the right direction. It is not easy to tell whether the business is growing or making losses without proper data analysis. With different analysis, you can tell the current future and be able to find the best solution on how to deal with prevailing circumstances.
(197 words)