Term
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Definition
| Interactive use of computer-based mathematical models to explore decision alternatives using what-if analysis, sensitivity analysis, goal-seeking analysis, and optimization analysis. |
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Term
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Definition
| Reverses the analysis done in what if anyalysis, and sensitivity analysis |
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Definition
| is a special case of what if analysis, Typically the value of only one variable is changed repeatedly, and the resulting changes on other variables are observed. |
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Term
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Definition
| Finding an optimum value for selected variables in a mathematical model, given certain constraints. |
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Definition
| Observing how changes to selected variables affect other variables in a mathematical model. |
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Term
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Definition
| A science and technology whose goal is to develop computers that can think, as well as see, hear, walk, talk, and feel. A major thrust is the development of computer functions normally associated with human intelligence, for example, reasoning, inference, learning, and problem solving. |
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Term
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Definition
A term primarily used in industry that incorporates a range of analytical and decision support applications in business including data mining, decision support systems, knowledge management systems, and online analytical processing.
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Term
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Definition
| Using special-purpose software to analyze data from a data warehouse to find hidden patterns and trends. |
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Term
| Data Visualization System |
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Definition
| Special categories of DSS that integrate computer graphics with other DSS features. |
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Term
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Definition
| Way of understanding decision making... decisions made at the operational level are structured... tactical management are less structured, strategic management are highly unstructured |
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Term
| Decision Support System (DSS) |
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Definition
| An information system that utilizes decision models, a database, and a decision maker's own insights in an ad hoc, interactive analytical modeling process to reach a specific decision by a specific decision maker. |
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Term
| Executive Information System |
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Definition
| are information systems that combine many of the features of management information systems and decision support systems. When they were first developed, their focus was on meeting the strategic information needs of top management. |
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Term
| Geographic Information Systems |
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Definition
| and data visualization systems are special categories of DSS that integreate computer graphics with other DSS features. A geographic info system is a DSS that uses geographic databases to construct and display maps and other graphic displays that support decisions affecting the geographic distribution of people and other resources. |
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Term
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Definition
| Use of info systems technology to help gather, organize, and share business knowledge within an organization |
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Term
| Management Information System (MIS) |
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Definition
| A management support system that produces prespecified reports, displays, and responses on a periodic, exception, demand, or push reporting basis. |
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Term
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Definition
| An organized software collection of conceptual, mathematical, and logical models that express business relationships, computational routines, or analytical techniques. |
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Term
| Online Analytical Processing |
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Definition
| A capability of some management, decision support, and executive information systems that supports interactive examination and manipulation of large amounts of data from many perspectives. |
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