Exam 29: Extending the Organizationsupply Chain Management

What types of BI decisions include predicting sales, determining correct inventory levels and distribution schedules among outlets, and loss prevention?

Which form of BI uses months to years as its time frame?

The three forms of BI include operational, tactical, and value-added.

What types of BI decisions include forecasting levels of bad loans and fraudulent credit card use, credit card spending by new customers, and which kinds of customers will best respond to new loan offers?

Which form of BI uses the time frame of days to weeks to months?

What is analysis latency?

Which of the following is one of the four main categories of BI benefits?

Quantifiable benefits, indirectly quantifiable benefits, unpredictable benefits, and intangible benefits are the four primary categories of BI benefits.

What types of BI decisions include predicting machinery failures and finding key factors that control optimization of manufacturing capacity?

Which type of BI benefits includes improved communication throughout the enterprise, improved job satisfaction of empowered users, and improved knowledge sharing?

Which type of BI manages daily operations and integrates BI with operational systems?

Which of the following is the result of BI that implies that the data have been documented as the certified or approved data for the enterprise?

Which of the following can use BI to make informed decisions?

Which form of BI has managers and analysts as its primary users?

What is data latency?

Data latency is the time from which data are made available to the time when analysis is complete.

Improving the quality of business decisions has a direct impact on costs and revenue.

Which of the following is a result of implementing business intelligence systems and tools allowing business users to receive data for analysis?

What types of BI decisions include forecasting claim amounts, medical coverage costs, classifying the most important elements that affect medical coverage to predicting which customers will buy new insurance policies?

Which of the following is a business benefit of BI?