Exam 9: Enabling the Organizationdecision Making

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What is an algorithm?

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What is the viewing of the physical world with computer-generated layers of information added to it?

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An optimization analysis finds the optimum value for a target variable by repeatedly changing other variables, subject to specified constraints. What can a manager achieve by changing revenue and cost variables in an optimization analysis?

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What is drill-down capability?

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Which of the following would you include as decisions and responsibilities typically found at the managerial level of a company?

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Weak AI refers to the field of artificial intelligence that works toward providing brainlike powers to AI machines; in effect, it works to make machines as intelligent as the humans.

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What occurs in situations in which no procedures or rules exist to guide decision makers toward the correct choice?

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Mutation is the process within a genetic algorithm of randomly trying combinations and evaluating the success (or failure) of the outcome.

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A bar chart is a chart or graph that presents grouped data with rectangular bars with lengths proportional to the values that they represent.

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What is the extent to which a machine can differentiate between objects?

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A machine-vision system uses a video camera to capture data and send it to the robot controller. Machine vision is similar in complexity to voice recognition and can be used for handwriting recognition, signature identification, and currency inspection. Two important specifications in any vision system are the sensitivity and the resolution.

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A digital dashboard produces graphical displays of patterns and complex relationships in large amounts of data.

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Augmented reality is the viewing of the physical world with computer-generated layers of information added to it.

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Fuzzy logic is a mathematical method of handling imprecise or subjective information.

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As the product manager for the eatery division at BJ's Wholesale Club, Raphael is responsible for analyzing sales data to help him manage his team. Today Raphael is analyzing his data using many different perspectives to identify different ways to improve his division. Which of the following common digital dashboard capabilities is Raphael using to analyze his department's success?

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What would managers use to make structured decisions at the operational level?

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What rotates data to display alternative presentations of the data?

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At the strategic decision-making level, employees develop, control, and maintain core business activities.

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What is the analysis that works in reverse to what-if and sensitivity analyses by finding the inputs necessary to achieve a goal such as a desired level of output?

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Which of the following is considered a managerial decision or semistructured decision?

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