Analytic Hierarchy Process

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    3. A BRIEF BACKGROUND ON THE DECISION MAKING TOOLS USED Analytic Hierarchy Process (AHP), developed by Saaty (34), is designed to solve complex multi-criteria decision problems. AHP decomposes the complex decisions in a hierarchical structure and makes it easy to manage the complex decisions in this way. So the decision maker can determine the trade-offs among objectives related to all criteria, sub-criteria and their pairwise comparisons. The output of AHP is a prioritized ranking of the decision alternatives based on the overall preferences expressed by the decision maker. AHP is the most widely used approach in supplier selection literature. AHP uses a verbal scale developed by Saaty, which enables the experts to incorporate subjectivity and experience (35). Please refer to (34) for details of AHP. Analytic Network Process (ANP), also introduced by Saaty (36), is a generalization of AHP. It incorporates feedback and inner dependencies…

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    Vanguard's Four Stages

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    Large Scale Ambition While Vanguard recognizes the importance of robust analytics, none of the company’s key initiatives have been centered on analytical capabilities. Still, as a largely virtual company (retail clients are rarely given the occasion to meet with representatives face-to-face) the opportunity is obvious. However, Vanguard remains committed to meeting client needs through more traditional means like expanding call centers rather than turning certain business functions over to…

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    Zenith Case Study

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    In building on what we learned, with the help of IT we established a sales and operations planning (S&OP) dashboard. One key element in this, not to be overlooked, as this was the first enterprise-wide analytics system implemented, whereas the roadmap was all departmentalized spreadsheets which were prone to errors. Data was compiled at the SKU level which allowed us to identify how product categories were performing at each customer. POS data that came in via electronic data interface (EDI)…

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    UMPhysicians’ ability to compete on analytics is fairly high among academic healthcare systems. Our ability is directly fed by our position held on these matters – to win out by employing analytics toward an end or two – patient satisfaction, provider satisfaction. Even though our analytical products/tools have been licensed and purchased at rather “vanilla” levels (as described by our COO of Revenue Cycle and others involved in their purchase) our data analysts themselves compensate for any…

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    Life Sciences and Healthcare) utilize analytics to gain a understanding of business trends and opportunity. The Life Sciences and Healthcare (LSH) market segment has been more receptive to participating in online sales transactions and are major purchasers of safety products. Airgas regional offices that support the LSH have a great interest in obtaining and utilizing web data and sales information to support marketing efforts. The Airgas Interactive unit (responsible for the Airgas.com web…

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    application. Verificationism can be said to encompass and encourage only one kind of meaning, as it ignores all that is not dealing with the logical and the empirically testable. (Misak, 1995, p. 78) Outside of a scientifically quantifiable scope, it is not possible for this theory to logically be pertinent, and most all non-scientific discussion is therefore meaningless. (Misak, 1995, p. 66) A sentence of poetry, say, may have no applicable relation to experience, and may simply be describing…

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    in Web analytics gives sound foundations to the implementations of client business related web sites and how it is useful to the all kinds of companies to improve their business decisions in optimized cost thru applying the 10/90 rule” with an example in the coming essay. Initially all the companies follow this 10/90 rule because 10/90 Rule is utilized to achieve an unselfish accomplishment in the web Analytics. Different studies have pointed out that while every one of the organizations have…

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    was created as a portal to give details about the institute and the various services it offers. Even though the website was created, it was not an analytically powered website. Understanding the importance of an analytically powerful website and acknowledging the advantages that we can get with knowledge of the performance of the website, in February 2016, we connected the website for Edge consultancy to google analytics. Innovation has complimented us with numerous progressions and one of the…

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    Three Dimensional Space

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    In this project I will talk about curves in three space, also known as curves in three dimensional space or 3 - D. Many of us are familiar with two dimensional space or 2- D. It is called two dimension space because it has two axes: the x-axes and the y-axes. Three dimensional space is represented by the symbol it is called three dimensional space because three axes are used to draw, and the three axes are: x, y, and z. Figure 01: Standard axes of 3 dimensions This is the standard axes…

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    Scenario Thinking

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    Fear of the future is one phobia that every so often gets a grip of us all. Wilkinson continues to assert, "We look out into the future, trying our best to make wise decisions, only to find ourselves staring into the teeth of ferocious and widespread uncertainties. If only everything didn't depend on, well, everything else. How do we decide what kind of career path to pursue when it's not clear what industries will exist in 10 or 15 years? How do we plan our children's education when we can't…

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