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Which of the following best describes the use of predictive analytics?
A.
A supplier of electrical parts analyzed all instances where different types of spare parts were out of stock prior to scheduled deliveries of those parts.
B.
A supplier of electrical parts analyzed sales, applied assumptions related to weather conditions, and identified locations where stock levels would decrease more quickly.
C.
A supplier of electrical parts analyzed all instances of a part being out of stock prior to its scheduled delivery date and discovered that increases in sales of that part consistently correlated with stormy weather.
D.
A supplier of electrical parts analyzed sales and stock information and modelled different scenarios for making decisions on stock reordering and delivery.
For me if a supplier analyzes something and applies predictions that's the predictive analysis. D in my opinion is more applied to process analysis but I might be wrong.
upvoted 2 times
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A (35%)
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