From mbtn.academy
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Game theory is the study of strategic interactions where the outcomes for each participant depend on the actions of others. Rooted in economics and mathematics, it provides a framework for understanding competitive and cooperative behaviors in various contexts, from business negotiations to...
on Mon, 2PM
From mbtn.academy
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Unlike simple averages that treat all data points equally, weighted averages assign importance to each number according to its relevance or 'weight'. Understanding how to properly use and interpret weighted averages can enhance your decision-making skills, whether in business, education, or even...
on May 3
From mbtn.academy
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Covers ordering costs, time between orders, inventory holding costs, economic order quantity (EOQ), quantity discounts, and production order quantity.
on Jan 1
From mbtn.academy
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How are marketing metrics and marketing analytics related? This post provides a quick summary of the differences between these two essential pieces of the marketing function.
on Dec 19
From mbtn.academy
December's Free MBTN Tutorial - HR Staffing Metrics - MBTN Academy
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This month's free MBTN Academy tutorial covers staffing metrics including Cost per Hire, Time to Fill, Internal and External Hiring Costs, and Fixed and Variable Hiring Costs.
on Dec 1
From mbtn.academy
Marketing Variance Analysis - November's Free MBTN Tutorial - MBTN Academy
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Marketing Variance Analysis is a crucial tool that allows organizations to evaluate and understand the differences between expected and actual outcomes. In this month's tutorial on Marketing Variance Analysis, we will delve into a high-level examination of the potential causes of variation in...
on Nov 4