Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

The situation of the company is this: A restaurant chain has several store locations in a city (with a name and zip code stored for each), and each is managed by one manager. Managers manage only one store. Each restaurant location has its own unique set of menus. Most have more than one menu (e.g., lunch and dinner menus). Each menu has many menu items, and items can appear on multiple menus, and with different prices on different menus.

Answer at least questions such as described below to explain the way that you could create BI /DSS solutions for helping a business such as this restaurant. You can use any of the techniques .

1. Explain the possible use of data mining, text mining, and Web mining.

2. Is it possible to use social analytics, social networks, and social network analysis? What are the relationships among them?

3. Explain how you could use predictive models. How can a complex problem be solved by using a decision tree?

4. Illustrate a situation of decisions where multiple goals (i.e., criteria) emerge? Explain in detail the difficulties that may arise when analyzing multiple goals.

5. Can you use simulation? List some of the major advantages of simulation over optimization and vice versa.

6. Explain why it is important to capture and manage knowledge in this business.

Not more than 2000 words. I would suggest 1500-2000

Please explain with complete details your answers. Organize your ideas and write your answers with a clear identification of components, relationships, solutions... of the methods, tools, and techniques that you describe Please explain with complete details your answers. Organize your ideas and write your answers with a clear identification of components, relationships, solutions.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M91981948
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question?


Related Questions in Business Management

What techniques and communication would you use when

What techniques and communication would you use when addressing concerns and problems between management and team? And what if the follow up action you would take after?

What value to your future career in business is supported

What value to your future career in business is supported by research, analysis and communication (writing and speaking)?

Blurred boundaries -- as organizations become more

Blurred boundaries -- As organizations become more laterally structured, boundaries begin to breakdown as different parts of the organization need to work more effectively together. Boundaries between departments as well ...

How does the potential barriers to effective strategic

How does the potential barriers to effective strategic planning in the health care environment differ from barriers encountered in the general business world?

Make the accounting entries for payment of medical supplies

Make the accounting entries for payment of medical supplies of $250.

Suppose the production function for a firm is given

Suppose the production function for a firm is given by:  q=4L 0.75 K 0.25 . If the firm currently has  10  units of capital (K) and  10  units of labor (L), then calculate the Marginal Rate of Technical Substitution (MRT ...

You are a contracts administrator for a contractor one of

You are a Contracts Administrator for a Contractor. One of your engineering managers found an inconsistency in the specification on a FFP solicitation (i.e., pre-award). He said the worst case could be a $3M loss for def ...

Suppose you need to pay your air-ticket of 2400 for a

Suppose you need to pay your air-ticket of $2400 for a European trip in 12 months. If you deposit money now, you can earn 7% per annum with a 50% probability, 6% with a 25% probability and 8% with a 25% probability. How ...

What are the objectives and concepts of planning a

What are the objectives and concepts of planning a wedding?

With the affordable care act what are the exchanges and how

With the affordable care act, what are the exchanges and How are different states approaching them?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As