how data warehousing and data mining could be used to make business decisions, i.e to increase revenue, cut co
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Data mining software allows users to analyze large databases to solve business decision problems. Data mining is, in some ways, an extension of statistics, with a few artificial intelligence and machine learning twists thrown in. Like statistics, data mining is not a business solution, it is just a technology.  For example, consider a catalog retailer who needs to decide who should receive information about a new product. The information operated on by the data mining process is contained in a historical database of previous interactions with customers and the features associated with the customers, such as age, zip code, their responses. The data mining software would use this historical information to build a model of customer behavior that could be used to predict which customers would be likely to respond to the new product. By using this information a marketing manager can select only the customers who are most likely to respond.  The operational business software can then feed the results of the decision to the appropriate touch point systems (call centers, direct mail, web servers, email systems, etc.) so that the right customers receive the right offers.\n\nSo no matter what ever it is, all that matters is you use the way.
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Because it is a resource in the sense that a business can profit from it.  A business can profit from the information it possesses by selling it (if allowed legally) and by improving its processes using insights it derives from them.\n\nAn example of selling information is a company selling a database of its client base.  The more information this database contains, the more valuable it will be.  Information such as creditworthiness  and total purchases of particular items of millions of customers can be worth a lot of dollars to other businesses who can use them for its own purposes.\n\nFor the second use of information, a business can revise its credit policies by analyzing the payment habits of its customers.  Declining credit to bad customers can save a company plenty of money.  A business can also analyze the its sales figures and correlate them with other information and adjust its behavior to increase its sales and therefore its profits.
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It sounds as if you are referring to a more 'general' term of using "statistical analysis" to create reports.\n\nProvided you have collected data, there are certain 'queries' (usually done using something like SQL (Structured Query Language)) against a database containing that data that you can use, while applying certain criteria to filter and/or make calculations against that data.\n\nSome statistics used to create queries may start with questions like: "How many people purchased action video games between the months of june and august inclusive?"\n\nProvided that the database contains pieces of data such as the 'name', 'type' (action for example), 'price', 'number created' and 'number sold' for a number of games that a company produces, they could write a SQL query to determine how many were sold within those date ranges.\n\nThe results of those types of queries are reports; the query created from the 'statistical question' is the analysis.
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It is a datawarehouse. You can create queries and reports in Business Warehouse.
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cost cutting marketing
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a method for decision making
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You are not going to find out this information on Yahoo. You will need someone who works at IBM's tech center to explain how they setup their data warehousing.\n\nI would like to help more, but I am afraid this is the best answer you can get. Maybe if you ask a more general data warehousing question you will get a better response.
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go to www.businessballs.com\nU can also try marketing research/lucozades
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Work on logic games; that can help with general reasoning. \n\nWhat are you trying to analyze? Work situations? Shipping? Personnel? There's a lot of books and resources, some probably available at your library, that give strategy for various aspects of business. Sorry I can't be more precise, but your question is very broad.
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The bottom line is to increase your business profit.
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Intelligence database, or Business Intelligence, or Data Warehousing, as it used to be known, holds key business data for a company.\n\nThe reports are specific to the type of data that is held in the database.  For example, if you are a pharmacy, and your BI (DW) database holds your customers, scripts, locations, providers, and drugs, then your reports can give anything from usage of specific drugs by date, or customer usage by location, or provider volume by location, etc.\n\nIt's all about the data.\n\nWhat you get out of a DW database is dependent on the quality and type of data you put in, and the tools you use to access it.
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Information is the backbone of all businesses.  If it is not organized in the optimum format, the business will not do well.  If the business objective is to attract new customers, their systems will have to process new customers quickly to seem more efficient than the competition.
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Given a set of choices to execute a plan business decision involves selecting the choice based on certain defined set of criteria
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Sure, just let the feasible region describe the number of items you're going to sell, what they weigh, or how long it takes to make them.  None of those things can be negative.  With a little thought you should find dozens of examples.
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ok, there is not a lot of information to help you but it sound like you want a general framework.   If a company wants to grow revenue, they have two options:\n\n1) Grow existing base of revenue:  The key question here is how do you grow sales to existing customers.   What are the obstacles to additional sales?   You should develop ideas for how you remove these barriers.   Can you change the product/service so it is more appealing?   Can you change pricing to drive additional revenues?  Can you increase the price in a way so it does not impact your unit volume?  Can you decrease price so it increases the unit volume of sales?   Can you change your service or sales channels to faciliate increased frequency of sales?\n\n2) Develop new sources of revenue:   You can either sell new products to your existing customers or obtain new customers.  You should develop new ideas around these two areas.   Based on the products/services you sell, what other products is your set of customers looking for?   Would they buy those products from you?   Can you sell accessories or value added services?   You can also look for new customers. Which customer types drive the most revenue?  How do you find more of them?   Can you increase your sales force or your marketing budget in order to reach them?
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System for transforming raw data into information that can be used in decision making.
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For the latest Business Intelligence Solution out there in the market today, check out http://www.wareprise.com/content/business-intelligence-software.html\nIt has a good listing of BI Solutions.