billion bytes of data in digital form be it on social media‚ blogs‚ purchase transaction record‚ purchasing pattern of middle class families‚ amount of waste generated in a city‚ no. of road accidents on a particular highways‚ data generated by meteorological department etc. This huge size of data generated is known as big data. Generally managers use data to arrive at decision. Marketers use data analytics to determine customer preferences and their purchasing pattern. Big data has tremendous potential
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Capacity Planning & Aggregate Production Planning Capacity Planning • Long term strategic decision • determines overall level of resources • affects product lead times‚ customer responsiveness & operating costs Capacity Planning Three Basic Strategies for Timing Capacity • Capacity Lead Strategy – capacity is expanded in anticipation of demand – aggressive and used to lure away customers from competitors already constrained Capacity Planning Three Basic Strategies for Timing Capacity • Capacity
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Topic 1: The Data Mining Process: Data mining is the process of analyzing data from different perceptions and summarizing it into useful evidence that can be used to increase revenue‚ cut costs or both. Data mining software is one of a number of analytical tools for analyzing data. It allows users to analyze data from many different dimensions or angles‚ categorize it and summarize the relationships identified. Association‚ Clustering‚ predictions and sequential patterns‚ decision trees and classification
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Abstract Ask five or ten different people for a definition of strategic planning or decision making or even planning and you will probably receive five or ten different answers. Most agree that strategic planning is a way to identify long-term goals and to direct your company toward fulfilling those goals. Most also will agree that decision making is a cognitive activity involving the interplay of environmental cues and human cognitive processes‚ culminating in the selection of one or more possible
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DATA ORGANIZATION‚ PRESENTATION AND ANALYSIS Research Methods 1 Data Organization and Presentation To make interpretation and analysis of gathered data easier‚ data should be organized and presented properly. The usual methods used by researchers are textual‚ tables‚ graphs and charts. 1.1 Textual Data can be presented in the form of texts‚ phrases or paragraphs. It involves enumerating important characteristics‚ emphasizing significant figures and identifying important features of
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Family Planning to the Artificial Family Planning What is Family Planning? What are the differences between the Natural and Artificial Family Planning? Family planning is the planning of when to have children‚ and the use of birth control and other techniques to implement such plans. Other techniques commonly used include sexuality education‚ prevention and management of sexually transmitted infections‚ pre-conception counseling and management‚ and infertility management. Family planning is sometimes
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DATA DICTIONARY Data Dictionaries‚ a brief explanation Data dictionaries are how we organize all the data that we have into information. We will define what our data means‚ what type of data it is‚ how we can use it‚ and perhaps how it is related to other data. Basically this is a process in transforming the data ‘18’ or ‘TcM’ into age or username‚ because if we are presented with the data ‘18’‚ that can mean a lot of things… it can be an age‚ a prefix or a suffix of a telephone number‚ or basically
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Lecture Notes 1 Data Modeling ADBMS Lecture Notes 1: Prepared by Engr. Cherryl D. Cordova‚ MSIT 1 • Database: A collection of related data. • Data: Known facts that can be recorded and have an implicit meaning. – An integrated collection of more-or-less permanent data. • Mini-world: Some part of the real world about which data is stored in a database. For example‚ student grades and transcripts at a university. • Database Management System (DBMS): A software package/ system to facilitate
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Trang Vuong Big Data and Its Potentials Data exists everywhere nowadays. It flows to every area of the economy and plays an important role in the decision-making process. Indeed‚ “businesses‚ industries‚ governments‚ universities‚ scientists‚ consumers‚ and nonprofits are generating data at unprecedented levels and at an incredible pace” to ensure the accuracy and reliability of their data-driven decisions (Gordon-Murnane 30). Especially when technology and economy are growing at an unbelievable
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DATA COMMUNICATION (Basics of data communication‚ OSI layers.) K.K.DHUPAR SDE (NP-II) ALTTC ALTTC/NP/KKD/Data Communication 1 Data Communications History • 1838: Samuel Morse & Alfred Veil Invent Morse Code Telegraph System • 1876: Alexander Graham Bell invented Telephone • 1910:Howard Krum developed Start/Stop Synchronisation ALTTC/NP/KKD/Data Communication 2 History of Computing • 1930: Development of ASCII Transmission Code • 1945: Allied Governments develop the First Large Computer
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