Instructions: Identify and research a major issue that is prevalent in the industry of manufacturing that can be analyzed using data analytic models. Review pages 29-35 for examples in the healthcare and retail industries.
Construct a 1-2 page paper, following APA conventions, that address all of the following:
1. Identify the industry and the specific issue for analysis and discuss the impact of the issue within the industry.
For example, in the healthcare industry, accidental falls present a serious health risk for adults 65 years and older with 33% experience falls every year (Sharda, Delen, & Turban, 2018).
2. Utilizing data, provide the specific measurement and the costs associated with the issue.
For example, costs associated with accidental falls in 2013 amounted to $34 billion (Sharda, Delen, & Turban, 2018).
3. Identify and describe a major business within the industry that would benefit from conducting analytics that would address this problem. Provide a short review of the company including profit, customer base, revenue, and sales for the most current year available.
4. Discuss the specific type of analytics that would be conducted in order to address the issue using the graphic below. Be sure to include the variables to be analyzed.
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"96% of our customers have reported a 90% and above score. You might want to place an order with us."
