How prescriptive analytics relate to descriptive and predictive analytics

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 assumed uncertainty?

4.Explain why solving problems under uncertainty sometimes involves assuming that the problem is to be solved under conditions of risk.

Chapter 8: Exercise 4

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.

Sample Solution

How prescriptive analytics relate to descriptive and predictive analytics

With the flood of data available to businesses regarding their supply chain these days, companies are turning to analytics solutions to extract meaning from the huge volumes of data to help improve decision making. Companies that are attempting to optimize their S&OP efforts need capabilities to analyze historical data, and forecast what might happen in the future. In order for a business to have a holistic view of the market and how a company competes efficiently within that market requires a robust analytic environment which includes: descriptive analytics, predictive analytics, and prescriptive analytics. At their best, prescriptive analytics predicts not only what will happen, but also why it will happen, providing recommendations regarding actions that will take advantage of the predictions. These analytics go beyond descriptive and predictive analytics by recommending one or more possible courses of action.

Manifestations of COPD are associated with episodes of moderate-severe respiratory impairment due to obstruction of airflow, which is greater on expiration than inspiration, resulting in increased work of breathing but decreased effectiveness. Pt’s chest X-ray showed cardiomegaly with mild vascular congestion and retrocardiac atelectasis.
In patients that have moderately severe COPD, their drive to breathe becomes oxygen because their body retains too much carbon dioxide. This will increase the risk of patients developing hypercapnia and requiring supplemental oxygen therapy. An increase in arterial carbon dioxide leads to an increase depth and rate of respiration. Over time, COPD patients will have high arterial levels of carbon dioxide and low levels of oxygen. The central chemoreceptors become less sensitive to these changes, consequently the stimulus to breathe is now managed by the peripheral chemoreceptors located in the carotid bodies and the aortic arch. These receptors are stimulated by low arterial levels of oxygen, and leads to hypercapnia. Thus, if supplemental oxygen is required, small changes to the rate of administration can have significant effects in those who have a hypoxic drive to breathe.
(Porth, 2011)
GERD
Gastroesophageal reflux is the backward flow of stomach contents into the esophagus without associated vomiting. It is caused by relaxation of the lower esophageal sphincter. Normal LES pressure is 10-30 mmHg and is under muscular, hormonal and neural control. In patients with GERD, the pressure is less than 10 mmHg. The decreased pressure is what allows the reflux stomach contents. Mucosal damage and erosion can result form this disease because the esophageal mucosa does not have the same protective lining mechanism as the stomach. This disease becomes chronic when the esophagus is exposed to gastric contents for a prolonged period, and an inflammatory process is initiated. The normal squamous epithelial cells are replaced with columnar epithelium,

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