Article Review of QUANTITATIVE MODELS FOR DECISION-MAKERS

BENEFITS OF ADVANCED ANALYTICS
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Introduction
Advanced Analytics is an analysis makes use of high-quality methods and tools to focus on determining future trends, events and behaviours. There are important benefits in integrating advanced analytics in the business. Below are some benefits.
Benefits of Advanced Analytics
In businesses, advanced analytics help in better decision making. Advanced analytics help managers to have a good knowledge of the dynamics in their business. With this, they can expect market shifts and be able to manage those shifts. It also enables faster and fact-based decision making and improve on their operations, such as transportation, scheduling and resource allocation, capacity planning and manufacturing. Also, advanced analytics help in improving productivity and performance. These help in redu...