Logistic regression is a data analysis technique that uses mathematics to find the relationships between two data factors. then uses this relationship to predict the value of one of those factors based on the other. Prediction usually has a finite number of outcome
For example, let’s say you want to guess if your website visitor will click the checkout button in their shopping cart or not. It determine that, the past, if visitors spent more than five minutes on. Logistic regression analysis looks at past visitor behavior, such as time spent on the as website and the number of items in the cart site and added more than three items to the cart, they clicked the checkout button. Using as this information, the logistic regression function can then predict the behavior of a new website visitor.
“I actually think it’s better I started by being close to customers. That foundation early on helped me later I went into logistics & other kinds of management.”satisfied client
Negotiate with several carriers
Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the point of Logistics management is a component that holds the supply chain together. acto consumption the needs of customers.
Logistics deals with the movements of materials or products from one facility to another it does not include material flow within duction or assembly plants, production machine scheduling. Logistics occupies a significant amount operational cost of an organisation or country.
- Function of understanding stock mix of a company and the different demands on that stock.
- Legal demand by a shipper or consignee against a carrier in respect of damage or loss to a shipment.
- Performance based logistics Defense acquisition strategy for cost-effective weapon system support.
- Sales territory Geographic area or customer group managed by a sales representative
Order processing, inventory management, and freight transportation. Traditionally, order processing was a time-consuming activity that could take up to 70% of the order-cycle time. and the availability of stocks can be checked in real time.