1. Describe four data mining applications is retailing and logistics.(answer in ch5-slide11) 1- Optimize inventory levels at different locations 2- Improve the store layout and sales promotions 3- Optimize logistics by predicting seasonal effects 4-Minimize losses due to limited shelf life 2. List the six steps in a CRISP-DM (Cross-Industry Standard Process for Data Mining). (answer in ch5-slide16)
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Management Information Systems MANAGING THE DIGITAL FIRM Chapter 2 Managing the Digital Firm Kenneth C. Laudon Jane P. Laudon 9th edition PEARSON Prentice Hall 2006 www.prenhall.com/laudon Objectives After reading this chapter‚ you will be able to: 1. Evaluate the role played by the major types of systems in a business and their relationship to each other. 2. Describe the information systems supporting the major business functions: sales and marketing‚ manufacturing
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Chapter 9: The Voyage Through the Life Span Learning Outcomes Explain prenatal development and the role that sex hormones play. Explain the physical‚ cognitive‚ moral‚ social‚ and emotional development of children. Learning Outcomes Explain the physical‚ cognitive‚ moral‚ social and emotional development of adolescents. Explain the features of emerging adulthood. Explain the physical‚ cognitive‚ moral‚ social‚ and emotional development of adults. Prenatal Development Prenatal Development
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Executive summary This report outlines the history of the PCI DSS which came about from the emergence of the CISP and SDP that MasterCard and Visa have developed. This standard was then adopted by almost every major card brand; it is known as the Payment card industry security standard council and extends invites at a fee to become a member of the council which governs this standard. However research has been shown that less than half of Australia has adopted this standard and the even though this
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Topic: Explain the major components of the legal system. Question: Which of the following is a distinguishing feature of a common law legal system? Answer Rationale: Although in the U.S. legal system guilt must be proven beyond a reasonable doubt in criminal matters and there is an appeal process‚ neither of these qualities is integral to a common law legal system. The opposite of a common law legal system is a legal system where the sole source of law is a comprehensive civil code
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Pay systems translate the strategy into practice in order to achieve certain objectives. The basic objectives are efficiency‚ fairness‚ compliance with laws and regulations and satisfaction of the employees. 1.Efficiency consists of:a.Improving performance‚ increasing quality‚ delighting customers and stockholders. When the organization improves the performance she will get the benefit from the employees‚ which will affect the organization’s strategy and will lead to the competitive advantages
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partially explain why the demonstrated increase in knowledge does not necessarily mean improvement in behaviour and symptoms. Both physiotherapy and industry assume that improved knowledge will result in a commensurate reduction in the rate or severity of injury. In the light of the available studies‚ this assumption is probably not justifiable‚ and certainly does not vindicate education as the only injury prevention strategy. The assumption that correct patient handling effectively prevents WMSDs
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Explain and illustrate Hume’s Fork Hume‚ 1711‚ was a classic empiricist. In this essay I will explain and illustrate Hume’s fork. But to begin with‚ I shall define empiricism. It is the belief that all ideas come from experience. Hume goes further and says that empiricism is indeed experience and they all come from what he calls ‘impressions’. Hume’s such ‘impressions’ are experiences‚ granted; but some of these impressions come from within ourselves as opposed to the five exterior senses. Second
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Importance of Knowledge Based Reporting Name: Institutional Affiliation: One of the most imperative attributes that a journalists should have is being knowledgeable. For journalist to convey news that are truthful‚ they have to exhibit professional discipline in the assembly and verification of facts about the particular subject they are writing about. They have to be able to convey a reliable and a fair account of the meaning and validity of the subject matter. In order for journalist to
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Explain how continuous improvement models‚ knowledge management systems‚ quality systems and sustainability principles can be incorporated into business systems Continuous Improvement Models To close the gap between actual and desired performance‚ decisions need to be made. Decision making involves making a selection from among alternative courses of action. Implementation and evaluation of the implementation provide feedback into the next cycle of group decision making. Effective problem
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