Question

QUESTION 2

Managers can use ______ ______ to monitor various metrics of company performance.

1 points   

QUESTION 3

You can use Microsoft Access to conduct _______ ________.

1 points   

QUESTION 4

The computer that won the game _______ will be used to help diagnose and select treatment plans for patients at Memorial Sloan-Kettering Cancer Center.

1 points   

QUESTION 5

A McKinsey report predicts that, by 2018, there will be a shortage of more than ____ million business managers with adequate training in analytics in the US.

1 points   

QUESTION 6

The models that give the best decision subject to constraints of the situation are called ______ models.

1 points   

QUESTION 7

We can use _____ analysis to develop an optimal strategy when we have several alternatives and uncertain future events.

Answer 1

Note: More than one question is being asked and we solved all the questions. Solution for QUESTION 2: Answer - Performance metrics. Explanation: Managers can measure the performance of the company in many ways By analysing the performance metrics of the company, the managers can analyse the company performance for enhanced functioning. Solution for QUESTION 3: Answer Data Analysis and Reporting. Explanation: The Microsoft Access can be employed to gather the large amount of data and can manage the data efficiently. Solution for QUESTION 4: Answer-Jeopardy. Explanation: In 2011, a computer machine named "Watson" competed on the game "Jeopardy" and won against the former winners. Watson went on to aid doctors in diagnosing and treating cancer Solution for QUESTION 5: Answer 1.5 million managers Explanation: By 2018, the US can face a shortage of 1.5 million managers and 1,40,000 to 1,90,000 people with analytical skills

Solution for QUESTION 6: Answer Optimization models. Explanation: Optimization model can offer the best decision subject in highly uncertain as well as highly complex settings. Solution for QUESTION 7: Answer - Decision analysis. Explanation: We can employ decision analysis for developing an optimal strategy while there are uncertain future events and several alternatives.