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The Supply Chain Operations Reference (SCOR) model is a process reference model originally developed and endorsed by the Supply Chain Council, now a part of ASCM, as the cross-industry, standard diagnostic tool for supply chain management. [1] The SCOR model describes the business activities associated with satisfying a customer's demand, which ...
Distance correlation. In statistics and in probability theory, distance correlation or distance covariance is a measure of dependence between two paired random vectors of arbitrary, not necessarily equal, dimension. The population distance correlation coefficient is zero if and only if the random vectors are independent.
Model order reduction aims to lower the computational complexity of such problems, for example, in simulations of large-scale dynamical systems and control systems. By a reduction of the model's associated state space dimension or degrees of freedom , an approximation to the original model is computed which is commonly referred to as a reduced ...
t. e. A value chain is a progression of activities that a business or firm performs in order to deliver goods and services of value to an end customer. The concept comes from the field of business management and was first described by Michael Porter in his 1985 best-seller, Competitive Advantage: Creating and Sustaining Superior Performance.
Anchor modeling is an agile database modeling technique suited for information that changes over time both in structure and content. It provides a graphical notation used for conceptual modeling similar to that of entity-relationship modeling, with extensions for working with temporal data. The modeling technique involves four modeling ...
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The process of dimensional modeling builds on a 4-step design method that helps to ensure the usability of the dimensional model and the use of the data warehouse. The basics in the design build on the actual business process which the data warehouse should cover. Therefore, the first step in the model is to describe the business process which ...
t. e. In economics, discrete choice models, or qualitative choice models, describe, explain, and predict choices between two or more discrete alternatives, such as entering or not entering the labor market, or choosing between modes of transport. Such choices contrast with standard consumption models in which the quantity of each good consumed ...