Ugba 104 excel midterm 1 - Study guides, Class notes & Summaries
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UGBA 104- Excel Midterm 1 Complete Questions & Answers(Graded A+)
- Exam (elaborations) • 6 pages • 2023
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decision analysis - 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) - 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 models - ANSWER Definition: 
A mathematical model that gives the best decision,...
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