Question 1

________ models are time dependent; and are valuable because they represent trends and patterns over time.

Accepted Answer

The answer of ________ models are time dependent; and are...

Question 2

List five most common optimization models.

Accepted Answer

•Assignment (best matching of objects)

Question 3

To use models and solution techniques effectively,one needs to have gained experience through developing and solving simple ones.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following is a key element in most DSS and a necessity in a model-based DSS?

Accepted Answer

A)  Database 
B)  Analytical model 
C)  Modeling 
D)  Business intelligence 
A)  Database 
B)  Analytical model 
C)  Modeling 
D)  Business intelligence

Question 5

All companies,except for those under financial stress,should invest in simulation models to increase their efficiency.

Accepted Answer

A) True 
 B)False

Question 6

Blind search techniques are arbitrary search approaches that are not guided.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following packages are preprogrammed (sometimes called ready-made)models and optimization systems that sometimes serve as building blocks for other quantitative models?

Accepted Answer

A)  Quantitative software 
B)  Qualitative software 
C)  Development tool 
D)  Application 
A)  Quantitative software 
B)  Qualitative software 
C)  Development tool 
D)  Application

Question 8

Which of the following is one of the disadvantages of simulation?

Accepted Answer

A)  The model is built from the manager's perspective. 
B)  Simulation automatically produces many important performance measures. 
C)  Simulation is often the only DSS modeling method that can readily handle relatively unstructured problems. 
D)  An optimal solution cannot be guaranteed, but relatively good ones are generally found. 
A)  The model is built from the manager's perspective. 
B)  Simulation automatically produces many important performance measures. 
C)  Simulation is often the only DSS modeling method that can readily handle relatively unstructured problems. 
D)  An optimal solution cannot be guaranteed, but relatively good ones are generally found.

Question 9

Typically there is some randomness in decision-making situations.Because DSS deals with semistructured or unstructured situations,reality is complex,which may not be easily represented by optimization or other models but can often be handled by ________.

Accepted Answer

A)  simulation 
B)  linear programming 
C)  statistical analysis 
D)  forecasting 
A)  simulation 
B)  linear programming 
C)  statistical analysis 
D)  forecasting

Question 10

If the simulation results do not match the intuition or judgment of the decision maker,a ________ gap in the results can occur.

Accepted Answer

The answer of If the simulation results do not match...

Question 11

Today's management systems are designed to help managers attain simultaneous,but at times,conflicting goals.

Accepted Answer

A) True 
 B)False

Question 12

One recent trend in modeling involves the development of model libraries and solution technique libraries.

Accepted Answer

A) True 
 B)False

Question 13

________ conducts a search for and an analysis of information in external databases and flows of information.

Accepted Answer

Environmen

Question 14

List the steps involved in the simulation process.

Accepted Answer

1.Define the problem. 2.Constr

Question 15

The use of an optimization model in the auction bidding process to award school meal contracts in Chile has significantly decreased costs.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following models takes a single snapshot of a situation where everything occurs in a single interval?

Accepted Answer

A)  Sliced model 
B)  Snapshot model 
C)  Stationary model 
D)  Static model 
A)  Sliced model 
B)  Snapshot model 
C)  Stationary model 
D)  Static model

Question 17

Explain the value of visual interactive simulation (VIS).

Accepted Answer

VIS is a simulation method that lets dec

Question 18

The AHP manipulates quantitative and qualitative decision-making criteria in a fairly structured manner,allowing a decision maker to make trade-offs quickly and expertly.

Accepted Answer

A) True 
 B)False

Question 19

Which of the following is a step-by-step search process for obtaining an optimal solution?

Accepted Answer

A)  Analytic technique 
B)  Algorithm 
C)  Heuristic 
D)  Linear programming 
A)  Analytic technique 
B)  Algorithm 
C)  Heuristic 
D)  Linear programming

Question 20

________ is a simulation approach used in the decision-making process that shows graphical animation in which systems and processes are presented dynamically to the decision maker.It enables visualization of the results of different potential actions.

Accepted Answer

Visual Int

________ models are time dependent; and are valuable because they represent trends and patterns over time.

List five most common optimization models.

To use models and solution techniques effectively,one needs to have gained experience through developing and solving simple ones.

Which of the following is a key element in most DSS and a necessity in a model-based DSS?

All companies,except for those under financial stress,should invest in simulation models to increase their efficiency.

Blind search techniques are arbitrary search approaches that are not guided.

Which of the following packages are preprogrammed (sometimes called ready-made)models and optimization systems that sometimes serve as building blocks for other quantitative models?

Which of the following is one of the disadvantages of simulation?

Typically there is some randomness in decision-making situations.Because DSS deals with semistructured or unstructured situations,reality is complex,which may not be easily represented by optimization or other models but can often be handled by ________.

If the simulation results do not match the intuition or judgment of the decision maker,a ________ gap in the results can occur.

Today's management systems are designed to help managers attain simultaneous,but at times,conflicting goals.

One recent trend in modeling involves the development of model libraries and solution technique libraries.

________ conducts a search for and an analysis of information in external databases and flows of information.

List the steps involved in the simulation process.

The use of an optimization model in the auction bidding process to award school meal contracts in Chile has significantly decreased costs.

Which of the following models takes a single snapshot of a situation where everything occurs in a single interval?

Explain the value of visual interactive simulation (VIS).

The AHP manipulates quantitative and qualitative decision-making criteria in a fairly structured manner,allowing a decision maker to make trade-offs quickly and expertly.

Which of the following is a step-by-step search process for obtaining an optimal solution?

________ is a simulation approach used in the decision-making process that shows graphical animation in which systems and processes are presented dynamically to the decision maker.It enables visualization of the results of different potential actions.

Decision Support Systems and Business Intelligence

Decision Making, Systems, Modeling, and Support

Decision Support Systems Concepts, Methodologies, and Technologies:

Data Mining for Business Intelligence

Artificial Neural Networks for Data Mining

Text and Web Mining

Data Warehousing

Business Performance Management

Collaborative Computer-Supported Technologies and

Knowledge Management

Artificial Intelligence and Expert Systems

Advanced Intelligent Systems

Management Support Systems: Emerging Trends and Impacts

Filters

Exam 4: Modeling and Analysis

________ models are time dependent; and are valuable because they represent trends and patterns over time.

List five most common optimization models.

To use models and solution techniques effectively,one needs to have gained experience through developing and solving simple ones.

Which of the following is a key element in most DSS and a necessity in a model-based DSS?

All companies,except for those under financial stress,should invest in simulation models to increase their efficiency.

Blind search techniques are arbitrary search approaches that are not guided.

Which of the following packages are preprogrammed (sometimes called ready-made)models and optimization systems that sometimes serve as building blocks for other quantitative models?

Which of the following is one of the disadvantages of simulation?

Typically there is some randomness in decision-making situations.Because DSS deals with semistructured or unstructured situations,reality is complex,which may not be easily represented by optimization or other models but can often be handled by ________.

If the simulation results do not match the intuition or judgment of the decision maker,a ________ gap in the results can occur.

Today's management systems are designed to help managers attain simultaneous,but at times,conflicting goals.

One recent trend in modeling involves the development of model libraries and solution technique libraries.

________ conducts a search for and an analysis of information in external databases and flows of information.

List the steps involved in the simulation process.

The use of an optimization model in the auction bidding process to award school meal contracts in Chile has significantly decreased costs.

Which of the following models takes a single snapshot of a situation where everything occurs in a single interval?

Explain the value of visual interactive simulation (VIS).

The AHP manipulates quantitative and qualitative decision-making criteria in a fairly structured manner,allowing a decision maker to make trade-offs quickly and expertly.

Which of the following is a step-by-step search process for obtaining an optimal solution?

________ is a simulation approach used in the decision-making process that shows graphical animation in which systems and processes are presented dynamically to the decision maker.It enables visualization of the results of different potential actions.

Decision Support Systems and Business Intelligence

Decision Making, Systems, Modeling, and Support

Decision Support Systems Concepts, Methodologies, and Technologies:

Data Mining for Business Intelligence

Artificial Neural Networks for Data Mining

Text and Web Mining

Data Warehousing

Business Performance Management

Collaborative Computer-Supported Technologies and

Knowledge Management

Artificial Intelligence and Expert Systems

Advanced Intelligent Systems

Management Support Systems: Emerging Trends and Impacts

Filters