Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

17 Questions

3 Views

Decision Support Systems (DSS) Quiz

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

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?

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?

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?

They involve large amounts of data Signup and view all the answers

What type of DSS is used to perform qualitative analysis on a company's databases?

Data-driven DSS Signup and view all the answers

In a Model-Driven DSS, what does the user interact with primarily?

The model itself Signup and view all the answers

What type of analysis is enabled by a DSS that allows for 'what-if' scenarios?

Sensitivity analysis Signup and view all the answers

What is the primary purpose of a Decision Support System (DSS)?

To support decision-making by analyzing data and models Signup and view all the answers

What is the purpose of a Model-Driven DSS in decision-making?

To understand the impact of decisions on the organization Signup and view all the answers

What is an example of a decision that can be supported by a DSS?

Should we expand into another product line? Signup and view all the answers

What type of data is used in a Data-Driven DSS?

Both internal company data and external data Signup and view all the answers

What is a key difference between Model-Driven and Data-Driven DSS systems?

The type of problems they solve Signup and view all the answers

What is the primary function of a yield management system in the airline industry?

To maximize the amount of revenue generated on each flight Signup and view all the answers

What type of DSS is used to evaluate and compare air fares on Travelocity.ca?

Data-Driven DSS Signup and view all the answers

What is the primary difference between Model-Driven DSS and Data-Driven DSS?

The type of models used for recommendation generation Signup and view all the answers

What is the purpose of a what-if analysis in a DSS?

To evaluate the impact of different scenarios on a decision Signup and view all the answers

What type of investment evaluation is facilitated by a Model-Driven DSS?

Evaluating alternative investment in mortgage portfolios Signup and view all the answers