measures widely used to measure complexity in manufacturing systems. With reference to this second framework‚ two indexes were selected (static and dynamic complexity index) and a Business Dynamic model was developed. This model was used with empirical data collected in a job shop manufacturing system in order to test the usefulness and validity of the dynamic complex index. The Business Dynamic model analyzed the trend of the index in function of different inputs in a selected work center. The results
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Be Data Literate – Know What to Know by Peter F. Drucker Executives have become computer literate. The younger ones‚ especially‚ know more about the way the computer works than they know about the mechanics of the automobile or the telephone. But not many executives are information-literate. They know how to get data. But most still have to learn how to use data. Few executives yet know how to ask: What information do I need to do my job? When do I need it? In what
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Data warehousing is the process of collecting data in raw form for analyzing trends. The benefits to data warehousing are improved end-user access‚ increased data consistency‚ various kinds of reports can be made from the data collected‚ gather the data in a common place from separate sources and additional documentation of data. Potential lower computing costs‚ increased productivity‚ end-users can query the database without using overhead of the operational systems and creates an infrastructure
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business intelligence‚ data warehouse‚ data mining‚ text and web mining‚ and knowledge management. Justify and synthesis your answers/viewpoints with examples (e.g. eBay case) and findings from literature/articles. To understand the relationships between these terms‚ definition of each term should be illustrated. Firstly‚ business intelligence (BI) in most resource has been defined as a broad term that combines many tools and technologies‚ used to extract useful meaning of enterprise data in order to help
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IT433 Data Warehousing and Data Mining — Data Preprocessing — 1 Data Preprocessing • Why preprocess the data? • Descriptive data summarization • Data cleaning • Data integration and transformation • Data reduction • Discretization and concept hierarchy generation • Summary 2 Why Data Preprocessing? • Data in the real world is dirty – incomplete: lacking attribute values‚ lacking certain attributes of interest‚ or containing only aggregate data • e.g.‚ occupation=“ ”
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Data Mining Information Systems for Decision Making 10 December 2013 Abstract Data mining the next big thing in technology‚ if used properly it can give businesses the advance knowledge of when they are going to lose customers or make them happy. There are many benefits of data mining and it can be accomplished in different ways. The problem with data mining is that it is only as reliable as the data going in and the way it is handled. There are also privacy concerns with data mining
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Data Preprocessing 3 Today’s real-world databases are highly susceptible to noisy‚ missing‚ and inconsistent data due to their typically huge size (often several gigabytes or more) and their likely origin from multiple‚ heterogenous sources. Low-quality data will lead to low-quality mining results. “How can the data be preprocessed in order to help improve the quality of the data and‚ consequently‚ of the mining results? How can the data be preprocessed so as to improve the efficiency and ease
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Data Projectors Amy Shipman $50- $66‚525 What is a data projector? It is “a device that projects computer output onto a white or silver fabric screen that is wall‚ ceiling or tripod mounted." The three most common types of data projectors are the LCD‚ DLP‚ and the LCoS. Each type of projector will project your audio and video‚ they just have different ways to process the output of your audio and video. DLP stands for Digital Light Processing. This type of data projector has a light that
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Data Mining Weekly Assignment 6: LIFT; CRM; AFFINITY POSITIONING; CROSS-SELLING AND ITS ETHICAL CONCERNS. What is meant by the term “lift”? The term “lift” describes the improved performance of an exact or specific amount of effort on a modeled sampling‚ as opposed to a random sampling (Spang‚ 2010). In other words‚ if you are able to market via a model to say‚ a given number of random customers (e.g. 1000)‚ and we expect that 50 of them would be successful‚ then a model that can generate 75
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1) ________ is data that has been organized or presented in a meaningful fashion. 1) _______ A) A number B) Information C) A symbol D) A character 2) Which of the following is NOT one of the four major data-processing functions of a computer? 2) _______ A) storing the data or information B) gathering data C) analyzing the data or information D) processing data into information
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