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harkovskaia [24]
1 year ago
13

what type of analytics takes past purchasing data as inputs into a model that recommends the best pricing strategy across all fl

ights allowing an airl
Business
1 answer:
WINSTONCH [101]1 year ago
7 0

prescriptive analytics is the  answer .

What is prescriptive analytics ?

The technique of analyzing data to decide on the best course of action is known as prescriptive analytics. This kind of analysis results in suggestions for the following stages by taking into account all pertinent aspects. Prescriptive analytics is a useful tool for data-driven decision-making as a result.

Prescriptive analytics frequently use machine-learning algorithms to process enormous volumes of data more quickly—and frequently more effectively—than people. Algorithms search through data and offer suggestions depending on a particular set of requirements using "if" and "else" expressions. For instance, the algorithm may suggest extra training if at least 50% of customers in a dataset indicated that they were "extremely dissatisfied" with your customer support staff.

to learn more about  Prescriptive analytics click :

brainly.com/question/28151052

#SPJ4

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Suppose that a delivery company currently uses one employee per vehicle to deliver packages. Each driver delivers 60 packages pe
lisabon 2012 [21]

Answer:

a. What is the MRP per driver per day?

  • the marginal revenue product per driver = 60 packages x $20 = $1,200 per day

b. Now suppose that a union forces the company to place a supervisor in each vehicle at a cost of $300 per supervisor per day. The presence of the supervisor causes the number of packages delivered per vehicle per day to rise to 60  packages per day What is the MRP per supervisor per day? By how much per vehicle per day do firm profits fall after supervisors are introduced?

  • if the drivers were already delivering 60 packages per day without the supervisor, then the addition of the supervisor doesn't change anything. So the MRP of the supervisor is $0. That means that the company's profits will decrease by $300 per day due to the supervisors.

c. How many packages per day would each vehicle have to deliver in order to maintain the firm's profit per vehicle after supervisors are introduced?

  • $300 / 20 = 15 packages per day
  • in order to maintain the profit per vehicle, each team of delivery man + supervisor should be able to deliver 75 packages per day.

d. Suppose that the number of packages delivered per day cannot be increased but that the price per deliver might potentially be raised. What price would the firm have to charge for each delivery in order to maintain the firm's profit per  vehicle after supervisors are introduced?

  • $300 / 60 = $5
  • the price of each package delivered should increase by $5 to $25 per package.
6 0
3 years ago
Target profit is $100,000; fixed overhead costs are $120,000 and fixed selling and administrative costs are $50,000. If total va
vlada-n [284]

Answer:

40%

Explanation:

The markup percentage to the variable cost using the variable cost method can be obtained by dividing the addition of the target profit and total fixed cost by the total variable cost as follows:

Total fixed cost = Fixed overhead costs + Fixed selling and administrative costs = $120,000 + $50,00 = $170,000

The markup percentage to the variable cost = (Target profit + Total fixed cost) / Total variable cost = ($100,000 + $170,000) / $675,000 = $270,000 / $675,000 = 0.40, or 40%.

Therefore, the markup percentage to the variable cost using the variable cost method is 40%.

3 0
3 years ago
PLs sum body help me with getting my man bck
OLga [1]

Answer:

You have to show him you really want him back. If you really like him, you have to fight for him. (not literally. that'll put you in Subject: Psycho at the Insane Asylum) You have to show him you care and that whatever happened to make him want to leave you shouldn't keep you two apart. And if you do take my advice, show him that you wanted him back so bad you resorted to Brainly. And make sure to tell him to say thank you to me for giving him the love of his life back cause im sure you're a good one since you care so much! GO GET HIM, TIGER  

8 0
2 years ago
Overton Enterprises is converting to an activity-based costing system. It wishes to depict the various activities in its manufac
guapka [62]

Answer:

The correct answer is the option B: Activity relationship charts (ARCs).

Explanation:

To begin with, <em>''activity-based costing system''</em> is the name that receives a costing method that focuses in the identification of activities and proper assignment of the them to the products and services according to the actual consumption by each. Moreover, the main purpose of this model is to assign more indirect costs into direct costs.

To continue, the<em> ''activity relationship chart'' </em>is a tabular that displays the closeness rating among all pairs of activities and therefore that this tool is the most suitable for the company to accomplish the task of converting into an activity-based costing system.

7 0
3 years ago
The ______________ ______________ is the result of a series of events that grew out of a perceived need relating to organized re
r-ruslan [8.4K]
That recreation was viewed by society
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