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What else can I help you with?
A good decision making system will?
which air force risk management process involves the 5-step
Which systems helps you with making a decision about a nonstructured problem?
Decision support system
What will a good decision making system do?
get decision to the right decision maker, create a trail of accountability, and provide flexibility
What is the difference between an open decision making system and a closed decision making system?
A. Closed decision making system:If the manager operates in a known environment then it is a closed decision making system. The conditions of the closed decision making system are:(a) The manager has a known set of decision alternatives and knows their outcomes fully in terms of value, if implemented.(b) The manager has a model, a method or a rule whereby the decision alternatives can be generated, tested, and ranked.(c) The manager can choose one of them, based on some goal or objective.A few examples are:a product mix problem,an examination system to declare pass or fail, oran acceptance of the fixed deposits.B. Open decision making system:If the manager operates in an environment not known to him, then the decision making system is termed as an open decision making system. The conditions of this system are:(a) The manager does not know all the decision alternatives.(b) The outcome of the decision is also not known fully. The knowledge of the outcome may be a probabilistic one.(c) No method, rule or model is available to study and finalize one decision among the set of decision alternatives.(d) It is difficult to decide an objective or a goal and, therefore, the manager resorts to that decision, where his aspirations or desires are met best.Deciding on the possible product diversification lines, the pricing of a new product, and the plant location, are some decision making situations which fall in the category of the open decision making systems. by prerna
The type of information system that provides interactive and ad hoc support for decision making to end user managers is referred to as a?
decision reporting system
How decision making process can be automated?
through information system. (Decsion Support System)
A good decision making system will?
which air force risk management process involves the 5-step
What are the limitations of system analysis?
System analysis can not completely alter how people in the decision-making process relate. Also, it is only effective where a close relationship exists between decision-maker and analyst.
What is the difference between a decision aid and a support system?
Decision aid system is for decision making. A support system is a helpdesk.
What are the problems with the IRB system?
The problems with the IRB system include delays in research approval, inconsistency in decision-making, and a lack of transparency in the review process.
What is the purpose of an information system from a business perspective?
An information system helps the business to get access to crucial reports about operations and human resources. It supports the decision making process.
What is purpose of an information system from a business perspective?
An information system helps the business to get access to crucial reports about operations and human resources. It supports the decision making process.
Discuss the rational individual models of decision-making What are the implications of these models to information system analysts?
Rational individual decision-making models assume individuals make decisions that maximize outcomes. Implications for information system analysts include designing systems that provide relevant information for decision-making, ensuring data accuracy and availability, and incorporating decision support tools to aid in the decision-making process. It is crucial for analysts to understand these models to develop effective and user-friendly systems that align with rational decision-making processes.
Which systems helps you with making a decision about a nonstructured problem?
Decision support system
decision support system (DSS)?
interactive and iterative managerial decision making
What will a good decision making system do?
get decision to the right decision maker, create a trail of accountability, and provide flexibility
What will A good decision making system will?
get decision to the right decision maker, create a trail of accountability, and provide flexibility
