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What Are the Sources of Information Used by a Decision

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What are the sources of information used by a decision support system?


Definitions:

R&D

Research and Development; activities in connection with corporate or governmental innovation aimed at discovering new knowledge and its application.

Past 50 Years

Referring to the time period extending back from the current date through the last five decades, often used to contextualize changes and developments.

Process Innovation

Process innovation involves the implementation of a new or significantly improved production or delivery method, enhancing efficiency and reducing costs in an organization.

Average Total Cost

The total cost of production divided by the number of units produced, representing the per unit cost of production.

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