A decision support system is an organized collection of people, procedures, software, databases, and devices used to help make decisions that solve problems. a) Define at least THREE (3) characteristics of a decision support system. b) Explain the comparison between decision support system and management information system in term of problem type.
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- Under what conditions might a firm use multiple forecasting methods?What is USC-CT problem solving process and how is it used, provide examples? please no plagarism.q10- What is the best description of Granger-causality? Select one: a. the ability of lags of one variable to contribute to the forecast of another variable b. the ability of a variable to predict its own future c. the ability of the one variable to explain it own past d. None of the above Clear my choice
- Question 3 An organization uses a business intelligence system to predict products that tend to be purchased together. This is an example of. O A) Regression Analysis B) Cluster Analysis C) REM Analysis D) Market Basket AnalysisSmith Corporation is using employee data on the length of the employee's commute to the office to forecast the impact on employee retention that a potential return to in person work at the corporate headquarters vs continuting to permit employees to work remotely. Which type of data analytics was being used by Smith Corporation? Question 7 options: a) Descriptive b) Diagnostic c) Predictive d) PrescriptiveQuestion 7 A relationship diagram is A schematic diagram that uses weighted lines to denote location preference A type of schematic layout diagram that includes space requirements A format for displaying manager's preferences for department locations A network that describes restrictions on the order in which work elements must be performed Question 8 Qualitive methods of forecasting are based on best guesses, past experience, and other subjective methods. True
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- on 1- Question 111 of 120 120 Revieting A Questions arisan A mortgage loan originator (MLO) who is also a real estate broker and refers a customer to a settlement services provider owned by their real estate brokerage must identify this relationship to a borrower on which c the following disclosures? АО Initial loan estimate B Special information booklet CO Third-party service providers DO Affiliated business arrangement 0:19:42Question 4 (1 point) As buyers are increasingly facing information overload, salespeople should ensure information is streamlined and personalized. OTrue OFalse Question 5 (1 point) Blogs, white papers, webinars, and presentations should be proyided to targeted customers. OTrue OFalse Question 6 (1 point) dal fne avaluating solution alternatives uses weighted averages.Explain the purpose of decision table and method of creating a decision table ?