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Jeniyah Weston
on Nov 21, 2024

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Optimization models, which generate solutions that maximize or minimize some objective subject to a set of constraints, fall into the category of _____ analytics.

A) prescriptive
B) predictive
C) descriptive
D) diagnostic

Optimization Models

Mathematical models that are designed to find the best possible solution or outcome from a set of parameters or constraints.

Prescriptive Analytics

The set of analytical techniques that yield a best course of action.

Maximize

To increase or make as large or great as possible, often used in the context of mathematical optimization.

  • Understand the categories of analytics and their specific applications within data analysis.
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Grace TshibasuNov 23, 2024
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