Q1. Define Decision support system?
· Decision support system provides solution to the unstructured problem using system technique and models.
· Decision support system is a specialized Management information system designed to support an executive’s skill at all stage of decision making.
· Decision support system use decisions model and specialized database.
· Decision support system is the interactive computer based Information system.
Q2. What are the benefits of using Decision support system?
· The feature of well designed Decision support system is that it is Flexible to generate immediate Response to a variety of disjointed queries with the help of inbuilt formulas, functions, graphs etc.
Q3. What are the different components of Decision support system?
· Basic components are not predefined in Decision support system.
· However we generally use these components:-
1) DSS generator.
2) Model management system.
4) Dialog management system.
· DSS generator is the software used to develop Decision support system and coordinate its processing tasks.
· Model management system enables creation, maintenance and application of quantitative and statistical prototype to manipulate Decision support system data as per needs of Decision maker.
Q4. What are the different Decision support system analysis techniques?
· Decision support system analysis techniques are:-
2) Operation Research.
3) What if analysis.
4) Goal- seeking.
Q5. What are the different statistical tools we used in Decision support system?
· Automated regression analysis.
· Automated correlation analysis.
· Analysis of variance.
Q6 what are the different Operation research tools?
· Linear Programming.
· Simulation. (To anticipate success levels).
Q7. Define “what if analysis”?
· It is the technique that enables decision making to reformulate a problem repeatedly until a feasible solution is achieved.
Q8. Define the Competitive strategy concept?
· Strategic information system is an information system that support or shape the competitive position and strategies of an enterprise.
· It can be any kind of information system.
· Competitive forces that shape the structured of competition in industry.
Q9. What are the different types of Competitions in industry?
· Rivalry of competitors within its industry.
· Threat of new entrants.
· Threat of substitutes.
· Bargaining power of customers.
· Bargaining power of suppliers.
IT support Glasgow provides IT solutions not only to individuals but to companies as well which use a lot many software and other communicative gadgets.. ReadBy: Peter Thomos | 2013-05-20
For instance, it is highly likely to be running late on schedules with no upper cap as such on a per schedule time. Patients in queue might have to wait a little longer for their turn to come if a Physician requires to spend additional time with a patient who has an appointment.. ReadBy: Ken Miller | 2013-05-20
Fiber optics technology has become the fastest and most effective high-capacity data communication medium and low attenuation. Cables are at the core of the transmission system, and the cable was used to optical signal in the data transmission paths.. ReadBy: Fiberstore | 2013-05-20
Industrial Relations are viewed as the process by which people and their organisation interact at the place of work to establish the terms and conditions of employment. The process of interaction stressed not just the resulting standard.. ReadBy: Govindam | 2012-03-23 | Education
1. There are TWO PARTS in this Module/Paper. PART ONE contains FOUR questions and PART TWO contains FIVE questions. 2. PART ONE is to be answered in the TEAR-OFF ANSWER SHEET only, attached to the question paper, as per the instructions contained therein. PART ONE is NOT to be answered.. ReadBy: Govindam | 2012-02-01 | Software
Consumer is the central point in every business. Now a days, attracting and satisfying customers is more difficult than producing the goods. For many products, many brands are available in the market. Every company wants to improve the market shares. Now, buyers dominate the market. Advertising is. ReadBy: Govindam | 2012-04-15 | Management
The Principal low in India to deal with competition was Monopolistic and Restrictive Trade Practices Act, 1969. The MRTP Act, brought into force form Ist June 1970, was a very controversial piece of legislation. The high level committee on Competition Policy and law, appointed by Government of I. ReadBy: Govindam | 2012-04-03 | Business