Question
WHO (World Health Organization) has declared monkey pox as a new health emergency, which is wreaking havoc in many countries. Assuming the Indian government is
WHO (World Health Organization) has declared monkey pox as a new health emergency, which is wreaking havoc in many countries. Assuming the Indian government is preparing for another covid lockdown like situation, executives at D-Mart Stores decided that the situation offered a great opportunity for one of their newest data-driven weapons, something that the company calls predictive technology. A week ahead of the lockdown announcement, Mr Damani, D-Mart's head, pressed his staff to come up with forecasts based on what had happened when covid struck in 2020.
a. Which type of analytics will be best suited to solve this problem and which technique will you apply in this case? Explain the data needed to solve this problem.
b. Explain the difference between BI and BA as to how can they help optimize supply chain in this case? Illustrate the possible outcome achieved in each case (BI vs. BA) and how they enable business objectives. You can make certain assumptions but highlight them clearly.
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