Describe in detail the BCG model and identify how you would utilize this model in the case analysis process by using examples.  note by me ** the bcg model is used in the step 2 of the case analysis which is situation analysis. please help me with this.

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Optimization Models

Optimization models are mathematical models that help organizations determine the best way to allocate scarce resources to achieve specific objectives. These models can be used to solve a wide variety of problems, from finding the most efficient route for a delivery truck to determining the optimal mix of products to stock in a store.