Discussion (Chapter 8): Excel is probably the most popular spreadsheet software for PCs. Why? What can we do with this package that makes it so attractive for modeling efforts? Your response should be 250-300 words.There must be at least one APA formatted reference (and APA in-text citation) to support the thoughts in the post.
Response to 2 students 100 words each
Part 3 – 300 words
When submitting work, be sure to include an APA cover page and include at least two APA formatted references (and APA in-text citations) to support the work this week.
1. How does prescriptive analytics relate to descriptive
and predictive analytics?
2. Explain the differences between static and dynamic
models. How can one evolve into the other?
3. What is the difference between an optimistic approach
and a pessimistic approach to decision making under
4. Explain why solving problems under uncertainty sometimes
involves assuming that the problem is to be solved
under conditions of risk
5.Investigate via a Web search how models and their
solutions are used by the U.S. Department of Homeland
Security in the “war against terrorism.” Also investigate
how other governments or government agencies are
using models in their missions.