Exam 11: Improving Decision Making and Managing Knowledge

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Operational management typically makes which type of decisions?

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Expert systems capture the knowledge of skilled employees in the form of a set of rules in a software system that can be used by others in the organization.

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Enterprise-wide knowledge management systems deal with structured and semistructured knowledge, while other systems are used for unstructured knowledge.

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________ intelligence technology consists of computer-based systems that attempt to emulate human behavior and thought patterns.

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Why is the balanced scorecard method said to be "balanced"?

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CAD workstations:

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What-if analysis works forward from known or assumed conditions.

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An inference engine is:

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________ are designed to have a generalized capability to learn.

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Backward sensitivity analysis software is used for:

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The use of high-velocity automated decision making eliminates the risk inherent in human decision making.

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You have been hired by a small architectural firm interested in implementing a knowledge management system. What features do you think would be of most benefit to them?

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Estimating the number of direct goods to reorder falls into which category of decision making?

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All of the following are analytic functionalities that BI systems deliver except:

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What type of model asks what-if questions repeatedly to determine the impact on outcomes of changes in one or more factors?

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________ decisions are most common at higher levels of management.

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As discussed in the chapter opening case, the Match Insights software allowed German soccer coaches to target performance metrics for specific players based on vast amounts of video data and give them feedback through mobile devices.

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________ systems help organizations manage both structured and semistructured knowledge.

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________ help users gain information from large amounts of geographically linked data.

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A bank's decision to give a customer a mortgage is an example of an unstructured decision.

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