Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Congratulations! You were just hired at Sephora to analyze sales data. Just in time for Valentine's Day! You have access to what products were purchased

Congratulations! You were just hired at Sephora to analyze sales data. Just in time for Valentine's Day! You have access to what products were purchased when they were purchased, and who purchased them. Your first task is to look over the data from the last four months (November - February). As you look through the data, you notice a giant increase in sales and then a giant drop in sales within those months. Your boss wants you to identify patterns and trends to figure out what happened.

Answer the following:

Describe one way that Sephora could use either descriptive, diagnostic, predictive, or prescriptive analytics to understand the increase and decrease in sales over the four-month period.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Operations Management in the Supply Chain Decisions and Cases

Authors: Roger Schroeder, M. Johnny Rungtusanatham, Susan Goldstein

6th edition

73525243, 978-0073525242

More Books

Students also viewed these General Management questions

Question

Describe the term career . AppendixLO1

Answered: 1 week ago