Ugba 104 exam 1 - Study guides, Class notes & Summaries

UGBA 104 Excel Midterm 1 Exam with Correct Answers 100% decision analysis - CORRECT ANSWER-Definition: A technique used to develop an optimal strategy when a decision maker is faced with several decision alternatives and an uncertain set of future events. Internet of Things (IoT) - CORRECT ANSWER-Definition: The technology that allows data collected from sensors in all types of machines to be sent over the Internet to repositories where it can be stored and analyzed. optimization mode...

SDS Exam 1 Chapter 1 UGBA 104 (questions and answers) latest Types of Data - CORRECT ANSWER-Data are compilations of facts, figures, or other contents, both numerical and non-numerical. •Data of all types/formats are generated from multiple sources. •Customers/businesses use data from to help make decisions. •Statistics is the language of data. Statistics is the science that deals with the collection, preparation, analysis, interpretation, and presentation of data. •First: fin...

UGBA 104 - Exam 1 with Questions and Answers Optimization - CORRECT ANSWER-maximizing or minimizing an objective function involving at least one variable Linear programming - CORRECT ANSWER-maximizing or minimizing an objective when the objective function AND all constraints involve linear functions of the variables 5 Steps in Formulating a Linear Program - CORRECT ANSWER-(1) understand decision problem (2) define decision variables (3) express objective as a linear function of deci...

UGBA 104- Excel Midterm 1 Exam Questions and Answers decision analysis - ️️ Definition: A technique used to develop an optimal strategy when a decision maker is faced with several decision alternatives and an uncertain set of future events. Internet of Things (IoT) - ️️ Definition: The technology that allows data collected from sensors in all types of machines to be sent over the Internet to repositories where it can be stored and analyzed. optimization models - ️️ Definition:...

UGBA 104 – EXAM 1 QUESTIONS & ANSWERS 100% CORRECT!!

UGBA 104 Exam 1 Practice Questions and Answers 100% Elaborated International Business - CORRECT ANSWER-Commercial transaction that crosses the borders of two or more nations imports - CORRECT ANSWER-Goods and services purchased abroad and brought into a country exports - CORRECT ANSWER-goods and services sold abroad and sent out of a country Multinational Corporation( MNC) - CORRECT ANSWER-Business that has direct investments abroad in multiple countries born global firm - CORRECT...

UGBA 104 - Exam 1 with Questions and Answers Optimization - CORRECT ANSWER-maximizing or minimizing an objective function involving at least one variable Linear programming - CORRECT ANSWER-maximizing or minimizing an objective when the objective function AND all constraints involve linear functions of the variables 5 Steps in Formulating a Linear Program - CORRECT ANSWER-(1) understand decision problem (2) define decision variables (3) express objective as a linear function of deci...

ISDS Exam 1 Chapter 1 UGBA 104 (questions and answers) latest Types of Data - CORRECT ANSWER-Data are compilations of facts, figures, or other contents, both numerical and non-numerical. •Data of all types/formats are generated from multiple sources. •Customers/businesses use data from to help make decisions. •Statistics is the language of data. Statistics is the science that deals with the collection, preparation, analysis, interpretation, and presentation of data. •First: fi...

Business 104 - Exam 1 UGBA Final Study Guide Questions and Answers How do you preform a Five Why analysis? - CORRECT ANSWER-Identify the problem and root cause, ask why did this happen, develop and implement solutions. Example: Problem = ran through a red light, Why = late for work, Why = woke up late, Why = alarm didn't work, Why = exhausted battery, Solution = check battery Why preform a Five Why analysis? - CORRECT ANSWER-The initial problem might be completely different than the...