Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Exam (elaborations)

Homework 13-1 with Correct Answers Georgia Institute Of Technology ISYE 6501

Rating
-
Sold
-
Pages
4
Grade
A+
Uploaded on
11-04-2023
Written in
2022/2023

Question 18.1 Describe analytics models and data that could be used to make good recommendations to the power company. Here are some questions to consider: • The bottom-line question is which shutoffs should be done each month, given the capacity constraints. One consideration is that some of the capacity – the workers’ time – is taken up by travel, so maybe the shutoffs can be scheduled in a way that increases the number of them that can be done. • Not every shutoff is equal. Some shutoffs shouldn’t be done at all, because if the power is left on, those people are likely to pay the bill eventually. How can you identify which shutoffs should or shouldn’t be done? And among the ones to shut off, how should they be prioritized? Think about the problem and your approach. Then talk about it with other learners, and share and combine your ideas. And then, put your approaches up on the discussion forum, and give feedback and suggestions to each other. You can use the {given, use, to} format to guide the discussions: Given {data}, use {model} to {result}. Case Study Here are my steps to solve the power company’s problem - 1. Identify customers will not pay the bills. 2. Estimate the amount of power a potential shutoff customer will use in the next 3 months. 3. Prioritize shutoffs given the capacity constraints. 4. Find out the quickest route to shut power off. Step 1: Identify customers will not pay the bills. given: • number of months delinquent • have there been past delinquencies (binary variable) • outstanding balance on the account • type of service address (e.g. residential, business) • credit score • payment history (lateness)

Show more Read less
Institution
Course

Content preview

Question 18.1

Describe analytics models and data that could be used to make good recommendations to the power
company.

Here are some questions to consider:

• The bottom-line question is which shutoffs should be done each month, given the capacity
constraints. One consideration is that some of the capacity – the workers’ time – is taken
up by travel, so maybe the shutoffs can be scheduled in a way that increases the number of
them that can be done.
• Not every shutoff is equal. Some shutoffs shouldn’t be done at all, because if the power is
left on, those people are likely to pay the bill eventually. How can you identify which
shutoffs should or shouldn’t be done? And among the ones to shut off, how should they be
prioritized?

Think about the problem and your approach. Then talk about it with other learners, and share and
combine your ideas. And then, put your approaches up on the discussion forum, and give feedback
and suggestions to each other.

You can use the {given, use, to} format to guide the discussions: Given {data}, use {model} to
{result}.




Case Study
Here are my steps to solve the power company’s problem -

1. Identify customers will not pay the bills.
2. Estimate the amount of power a potential shutoff customer will use in the next 3 months.
3. Prioritize shutoffs given the capacity constraints.
4. Find out the quickest route to shut power off.

Step 1: Identify customers will not pay the bills.

given:

• number of months delinquent
• have there been past delinquencies (binary variable)
• outstanding balance on the account
• type of service address (e.g. residential, business)
• credit score
• payment history (lateness)


This study source was downloaded by 100000850872992 from CourseHero.com on 04-11-2023 01:15:33 GMT -05:00


https://www.coursehero.com/file/40909882/hw13-1pdf/

Written for

Course

Document information

Uploaded on
April 11, 2023
Number of pages
4
Written in
2022/2023
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

$9.49
Get access to the full document:

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF


Also available in package deal

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
ExamsConnoisseur Self
Follow You need to be logged in order to follow users or courses
Sold
587
Member since
3 year
Number of followers
344
Documents
1492
Last sold
4 weeks ago

4.2

68 reviews

5
40
4
11
3
13
2
1
1
3

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions