Business Analytics Project 1. You should pick up one of the business analytics p
ID: 2902031 • Letter: B
Question
Business Analytics Project
1. You should pick up one of the business analytics projects that saved companies large amounts of money. Hint: you can find names of such projects from the website of INFORMS.
https://www.informs.org/Recognize-Excellence/Franz-Edelman-Award
you should write detailed description about the project. What was the goal? how they solved the problem and how it helped the company save money. I expect it to be between 3-5 pages.
Your writing will look like a summary of a large project.
Explanation / Answer
How to reduce paper consumption in your office (and save money at the same time!)
There are many easy ways for businesses and organizations to reduce their paper use and
costs. Reductions of 20 percent or more are possible in most offices. Here are practical tips to
help your company implement a cost-saving, paper reduction program:
1) Think before you print
It is simply too easy to push the print-button. For example, much paper is wasted by
printing out single line emails or printing out unnecessary copies of documents.
Departments should carefully assess their needs before ordering bulk print copies of
information materials, like annual reports or brochures. In many cases hundreds if not
thousands of un-used copies end up in storage rooms clogging up storage space.
The golden rule of saving paper: Think twice if you really need to print
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