Exam 2: Decision Making, Systems, Modeling, and Support

Discuss why scenarios play an important role in management support systems.

Collecting information and analyzing a problem are the fastest and least expensive parts of decision-making.

Much of the information used in seeking new opportunities is ________,or soft.

________ may also involve simply bounding the search for an optimum by considering fewer criteria or alternatives or by eliminating large portions of the problem from evaluation.

Groupthink tends to ________ the quality of decisions.

A(n)________ is a step-by-step search in which improvement is made at every step until the best solution is found.

________ are the descriptive representations of decision-making situations that we form in our heads and think about.

Which of the following involves finding or developing and analyzing possible courses of action in a decision making phase?

A ________ is a model that prescribes how a system should operate.

Which of the following is a physical replica of a system,usually on a different scale from the original?