13 May FIN 691 Milestone II: Appropriate Procedures
Describe why the modeling framework is needed in the decision-making process, and define its purpose in terms of providing optimal results. Be sure to defend your rationale.
Based on the purpose you defined and the necessary variables you identified, describe the process for applying the framework to the decision-making process and translating the results into action.
Describe how and why the calculations will provide value and benefit to the company. Be sure to explain the concepts behind the output.
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