describe in brief some of important quantitative techniques used in modern business and industrial unit
Hey student,
The Business owners can now use quantitative methods to predict trends, determine the allocation of resources, and manage projects. Quantitative techniques are also used to evaluate investments. In such a way, organizations can determine the best assets to invest in and the best time to do so. Additionally, the Quantitative techniques provide solutions to almost every area of a business. These can be used in production, marketing, inventory, finance and other areas to find answers to various question.
Good luck..