I need help answering the following question How can predictive and prescriptive modeling be used to measure operational performance in real-time? How can i see a potential downsides to this application? Supporting response with specific examples.

I need help answering the following question How can predictive and prescriptive modeling be used to measure operational performance in real-time? How can i see a potential downsides to this application? Supporting response with specific examples.

Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter18: Management Of Technology And Innovation

Section18.6: Skills Needed For Mti

Problem 3CC: What forecasting techniques are used in the management of technology and innovation?

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Under what conditions might a firm use multiple forecasting methods?