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Simulating Business Processes For Descriptive Predictive And Prescriptive Analytics


Simulating Business Processes For Descriptive Predictive And Prescriptive Analytics
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Simulating Business Processes For Descriptive Predictive And Prescriptive Analytics


Simulating Business Processes For Descriptive Predictive And Prescriptive Analytics
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Author : Andrew Greasley
language : en
Publisher: Walter de Gruyter GmbH & Co KG
Release Date : 2019-10-21

Simulating Business Processes For Descriptive Predictive And Prescriptive Analytics written by Andrew Greasley and has been published by Walter de Gruyter GmbH & Co KG this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-10-21 with Business & Economics categories.


This book outlines the benefits and limitations of simulation, what is involved in setting up a simulation capability in an organization, the steps involved in developing a simulation model and how to ensure that model results are implemented. In addition, detailed example applications are provided to show where the tool is useful and what it can offer the decision maker. In Simulating Business Processes for Descriptive, Predictive, and Prescriptive Analytics, Andrew Greasley provides an in-depth discussion of Business process simulation and how it can enable business analytics How business process simulation can provide speed, cost, dependability, quality, and flexibility metrics Industrial case studies including improving service delivery while ensuring an efficient use of staff in public sector organizations such as the police service, testing the capacity of planned production facilities in manufacturing, and ensuring on-time delivery in logistics systems State-of-the-art developments in business process simulation regarding the generation of simulation analytics using process mining and modeling people’s behavior Managers and decision makers will learn how simulation provides a faster, cheaper and less risky way of observing the future performance of a real-world system. The book will also benefit personnel already involved in simulation development by providing a business perspective on managing the process of simulation, ensuring simulation results are implemented, and that performance is improved.



Advances In Business Operations And Product Analytics


Advances In Business Operations And Product Analytics
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Author : Matthew J. Drake
language : en
Publisher: FT Press
Release Date : 2015-08-13

Advances In Business Operations And Product Analytics written by Matthew J. Drake and has been published by FT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-08-13 with Business & Economics categories.


If you're seeking to master business analytics, case studies offer invaluable help: they expose you to the entire decision-making process, helping you practice an active role in both performing analysis and using its output to recommend optimal decisions. Now, drawing on his extensive teaching and consulting experience, Prof. Matthew Drake has created the ideal new casebook for all analytics students and practitioners. Drake, author of the widely-praised Applied Business Analytics Casebook, now presents a collection of up-to-date cases that are longer and more detailed than those typically presented in undergraduate texts, but concise and focused enough to be taught in a single classroom session. Organized by analytical technique, Advances in Business, Operations, and Product Analytics covers: Descriptive analytics: descriptive statistics, sampling/inferential statistics, statistical quality control, and probability Predictive analytics: forecasting, demand managing, data and text mining Prescriptive analytics: optimization-based modeling, simulation-based modeling, decision analysis, and multi-criteria decision making Industry-specific analytics: HR and managerial analytics, financial analytics, and healthcare/life sciences In addition to practitioners, this casebook will be especially valuable to students and faculty in undergraduate and masters' courses that cover topics in business analytics, and courses applying analytics to specific industries such as healthcare, or specific business functions such as marketing.



Business Analytics


Business Analytics
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Author : Amar Sahay
language : en
Publisher:
Release Date : 2019-11-08

Business Analytics written by Amar Sahay and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-08 with Business & Economics categories.


This business analytics (BA) text discusses the models based on fact-based data to measure past business performance to guide an organization in visualizing and predicting future business performance and outcomes. It provides a comprehensive overview of analytics in general with an emphasis on predictive analytics. Given the booming interest in analytics and data science, this book is timely and informative. It brings many terms, tools, and methods of analytics together. The first three chapters provide an introduction to BA, importance of analytics, types of BA-descriptive, predictive, and prescriptive-along with the tools and models. Business intelligence (BI) and a case on descriptive analytics are discussed. Additionally, the book discusses on the most widely used predictive models, including regression analysis, forecasting, data mining, and an introduction to recent applications of predictive analytics-machine learning, neural networks, and artificial intelligence. The concluding chapter discusses on the current state, job outlook, and certifications in analytics.



Systems Control Encyclopedia M O


Systems Control Encyclopedia M O
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Author :
language : en
Publisher:
Release Date : 1987

Systems Control Encyclopedia M O written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Control theory categories.


This comprehensive reference work provides information on what systems thinking comprises and how it is being used to understand and to attack a wide spectrum of diverse problems ranging from, for example, the control of servo-mechanisms to applications of space technology.



Introduction To Business Analytics Using Simulation


Introduction To Business Analytics Using Simulation
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Author : Jonathan P. Pinder
language : en
Publisher: Academic Press
Release Date : 2016-09-03

Introduction To Business Analytics Using Simulation written by Jonathan P. Pinder and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-03 with Business & Economics categories.


Introduction to Business Analytics Using Simulation employs an innovative strategy to teach business analytics. It uses simulation modeling and analysis as mechanisms to introduce and link predictive and prescriptive modeling. Because managers can't fully assess what will happen in the future, but must still make decisions, the book treats uncertainty as an essential element in decision-making. Its use of simulation gives readers a superior way of analyzing past data, understanding an uncertain future, and optimizing results to select the best decision. With its focus on the uncertainty and variability of business, this comprehensive book provides a better foundation for business analytics than standard introductory business analytics books. Students will gain a better understanding of fundamental statistical concepts that are essential to marketing research, Six-Sigma, financial analysis, and business analytics. - Winner of the 2017 Textbook and Academic Authors Association (TAA) Most Promising New Textbook Award - Teaches managers how they can use business analytics to formulate and solve business problems to enhance managerial decision-making - Explains the processes needed to develop, report, and analyze business data - Describes how to use and apply business analytics software



Business Analytics Volume I


Business Analytics Volume I
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Author : Amar Sahay
language : en
Publisher: Business Expert Press
Release Date : 2018-08-23

Business Analytics Volume I written by Amar Sahay and has been published by Business Expert Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-08-23 with Business & Economics categories.


Business Analytics: A Data-Driven Decision Making Approach for Business-Part I,/i> provides an overview of business analytics (BA), business intelligence (BI), and the role and importance of these in the modern business decision-making. The book discusses all these areas along with three main analytics categories: (1) descriptive, (2) predictive, and (3) prescriptive analytics with their tools and applications in business. This volume focuses on descriptive analytics that involves the use of descriptive and visual or graphical methods, numerical methods, as well as data analysis tools, big data applications, and the use of data dashboards to understand business performance. The highlights of this volume are: Business analytics at a glance; Business intelligence (BI), data analytics; Data, data types, descriptive analytics; Data visualization tools; Data visualization with big data; Descriptive analytics-numerical methods; Case analysis with computer applications.



Maynard S Industrial And Systems Engineering Handbook Sixth Edition


Maynard S Industrial And Systems Engineering Handbook Sixth Edition
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Author : Bopaya Bidanda
language : en
Publisher: McGraw Hill Professional
Release Date : 2022-09-16

Maynard S Industrial And Systems Engineering Handbook Sixth Edition written by Bopaya Bidanda and has been published by McGraw Hill Professional this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-16 with Technology & Engineering categories.


The classic industrial engineering resource—fully updated for the latest advances Brought fully up to date by expert Bopaya M. Bidanda, this go-to handbook contains exhaustive, application-driven coverage of Industrial Engineering (IE) principles, practices, materials, and systems. Featuring contributions from scores of international professionals in the field, Maynard’s Industrial Engineering Handbook, Sixth Edition provides a holistic view of exactly what an Industrial Engineer in today’s world needs to succeed. All-new chapters and sections cover logistics, probability and statistics, supply chains, quality, product design, systems engineering, and engineering management. Coverage includes: Productivity Engineering economics Human factors, ergonomics, and safety Compensation management Facility logistics Planning and scheduling Operations research Statistics and probability Supply chains and quality Product design Manufacturing models and analysis Systems engineering Engineering management The global Industrial Engineer IE application environments



Advances In Business Operations And Product Analytics


Advances In Business Operations And Product Analytics
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Author : Matthew J. Drake
language : en
Publisher:
Release Date : 2016

Advances In Business Operations And Product Analytics written by Matthew J. Drake and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Business categories.




Management Information Systems


Management Information Systems
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Author : Charles S. Parker
language : en
Publisher: McGraw-Hill Companies
Release Date : 1989

Management Information Systems written by Charles S. Parker and has been published by McGraw-Hill Companies this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Business & Economics categories.




Jmr Journal Of Marketing Research


Jmr Journal Of Marketing Research
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Author :
language : en
Publisher:
Release Date : 1985

Jmr Journal Of Marketing Research written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with Marketing research categories.