Business Modeling and Data Mining by Dorian Pyle

By Dorian Pyle

Enterprise Modeling and information Mining demonstrates how genuine international enterprise difficulties should be formulated in order that info mining can resolution them. The techniques and strategies awarded during this e-book are the basic construction blocks in realizing what types are and the way they are often used essentially to bare hidden assumptions and wishes, ascertain difficulties, realize facts, ascertain charges, and discover the entire area of the matter. This booklet articulately explains how you can comprehend either the strategic and tactical facets of any enterprise challenge, determine the place the most important leverage issues are and make certain the place quantitative ideas of research -- akin to info mining -- can yield so much profit. It addresses recommendations for locating find out how to flip colloquial expression and obscure descriptions of a enterprise challenge first into qualitative types after which into well-defined quantitative versions (using information mining) which could then be used to discover an answer. The publication completes the method by means of illustrating how those findings from info mining may be become strategic or tactical implementations. · Teaches tips on how to become aware of, build and refine versions which are worthwhile in company events ·

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Business Modeling and Data Mining Preface The Simple Company is arranged so that at the end of every period the backlog situation is evaluated. Part I -backlog A Map ofisthe Territory If the larger than the amount of finished goods, the company orders sufficient raw materials Chapter - The World, Knowledge, and Models to build1products to cover the difference. Labor always makes as many products as it can from the Chapter 2 on - Translating Experience supplies hand. Shipping either sends out enough products to cover the backlog or, if the backlog is Chapter 3 - the Modeling andgoods Mining: Putting ititTogether larger than finished inventory, ships the entire inventory.

The act of simply recording data is actually a sort of This book explains how to understand both the strategic and disassembly of the worldaspects into component parts that are its measured It is necessary first to tactical of any business problem, identify wherefeatures. the separate (and to key define separation some selected phenomenon from all other worldly leverage pointscriteria are andfor) determine where quantitative techniques of is analysis--such asexactly data mining--can yield most phenomena.

Abstracting happen—it is a human process, Preface quantitative descriptions requires rules and symbols. Miners and modelers have to work with data Part I - A Map at of a the Territory abstractions wide variety of Chapter 1 levels. As an easy example, consider the number system. - The World, Knowledge, and Models It starts with a series of symbols (0, 1, 2, ... 8, 9) and a set of rules that assigns each symbol to a - Translating Experience quantity of real world objects. Thus the idea of quantity is abstracted (or separated) from the worldly Chapter 3 - Modeling and Mining: Putting it Together objects themselves.

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