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Crucial Exams

CompTIA Data+ DA0-002 (V2) Practice Question

A sporting-goods manufacturer monitors weekly demand for hundreds of stock-keeping units (SKUs). The supply-chain manager asks you to build an analytical model that will

  1. randomly generate thousands of possible demand scenarios for the next four weeks based on historical variation, and
  2. for each scenario, determine the safety-stock level that minimizes expected lost-sales cost while staying within the warehouse's capacity. Your final deliverable must be a recommended reorder quantity for each SKU that management can act on immediately.

Which type of statistical/analytic method best satisfies this request?

  • Descriptive analytics

  • Predictive analytics

  • Prescriptive analytics

  • Inferential statistics

CompTIA Data+ DA0-002 (V2)
Data Analysis
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