Podcast
Questions and Answers
What type of analysis is performed by a model-driven DSS?
What type of analysis is performed by a model-driven DSS?
- Ad hoc analysis
- Qualitative analysis
- Quantitative analysis (correct)
- Predictive analysis
What type of problems do Model-Driven DSS systems typically help to solve?
What type of problems do Model-Driven DSS systems typically help to solve?
- Complex and dynamic problems
- Unstructured problems
- Structured and well-defined problems (correct)
- Real-time decision-making problems
What is the primary function of a Model Management Software (MMS) in a DSS?
What is the primary function of a Model Management Software (MMS) in a DSS?
- Model development and execution
- Data storage and retrieval
- Data analysis and reporting
- Coordinates the use of models in a DSS (correct)
What is a characteristic of Data-Driven DSS systems?
What is a characteristic of Data-Driven DSS systems?
What type of DSS is used to perform qualitative analysis on a company's databases?
What type of DSS is used to perform qualitative analysis on a company's databases?
In a Model-Driven DSS, what does the user interact with primarily?
In a Model-Driven DSS, what does the user interact with primarily?
What type of analysis is enabled by a DSS that allows for 'what-if' scenarios?
What type of analysis is enabled by a DSS that allows for 'what-if' scenarios?
What is the primary purpose of a Decision Support System (DSS)?
What is the primary purpose of a Decision Support System (DSS)?
What is the purpose of a Model-Driven DSS in decision-making?
What is the purpose of a Model-Driven DSS in decision-making?
What is an example of a decision that can be supported by a DSS?
What is an example of a decision that can be supported by a DSS?
What type of data is used in a Data-Driven DSS?
What type of data is used in a Data-Driven DSS?
What is a key difference between Model-Driven and Data-Driven DSS systems?
What is a key difference between Model-Driven and Data-Driven DSS systems?
What is the primary function of a yield management system in the airline industry?
What is the primary function of a yield management system in the airline industry?
What type of DSS is used to evaluate and compare air fares on Travelocity.ca?
What type of DSS is used to evaluate and compare air fares on Travelocity.ca?
What is the primary difference between Model-Driven DSS and Data-Driven DSS?
What is the primary difference between Model-Driven DSS and Data-Driven DSS?
What is the purpose of a what-if analysis in a DSS?
What is the purpose of a what-if analysis in a DSS?
What type of investment evaluation is facilitated by a Model-Driven DSS?
What type of investment evaluation is facilitated by a Model-Driven DSS?
