Optimizing logic operations

Below link takes you to a page where you get study material on Logic operations. Concepts discussed here are close enough to that discussed in the class.
http://www.facstaff.bucknell.edu/mastascu/eLessonsHTML/Logic/Logic3.html

After understanding that try this question:

Question: A life insurance company decides to gift its customers as part of its CRM initiative. It wants to use following data for deciding the gift to be given to a customer.

A) Number of years of regular premium payment more than 4 years
B) Annual premium amount not less than Rs. 16000
C) Education level of the customer at least Master and
D) Annual income of the policy holder at least Rs 700000

If the condition B and any two or more of remaining conditions are satisfied the customer qualifies for "High Valued Customer" gift.
If the condition A and at least one of the remaining conditions are satisfied the customer qualifies for 'Valued Customer' gift.
Customers qualifying in both the above categories will get the higher of the two gifts that is 'High Valued Customer' gift only.

Derive logic expressions for each of the categories (High valued customer and Valued customer) that will generate the list of customers qualifying in that category.

Algorithm in Nature

This post is of general interest. May be understood as per the interest level. It may be interesting to note that mathematical algorithms are present in nature everywhere and derive that such algorithms can be used in automating many intelligent functions. Have a look at

http://www.mcs.surrey.ac.uk/Personal/R.Knott/Fibonacci/fibnat.html

Managing BI Implementation Project

CPM/PERT provides useful insight in the project and helps in managing that. Actvities breakdown structure should be prepared for the BI implementation project and the CPM/PERT should be applied.

Some useful information on this techniques and its implementation using excel is available at the following link:

http://hadm.sph.sc.edu/courses/J716/CPM/CPM.html

Data Mining Tutorial

Those who are comfortable with Mathematics and Statistics may enjoy data mining tutorial here.

http://www.autonlab.org/tutorials/

Business Intelligence

This site contains various readings about business intelligence including white papers, articles, community content etc.

http://businessintelligence.ittoolbox.com/topics/

Some readings on BI in Insurance

Those who are interested in knowing how some of the Insurance companies are using business intelligence, may like to read few pages from

http://www.informationbuilders.com/solutions/insurance.html