Decision Support Systems (Or DSSs) Model Information Using OLAP, Which

question 66

Multiple Choice

Decision support systems (or DSSs) model information using OLAP, which provides assistance in evaluating and choosing among different courses of action. Which of the following does not represent an example of a DSS in business?

• A) An insurance company using a system to gauge risk of providing insurance to drivers who have imperfect driving records
• B) A medical doctor may enter symptoms into a system to aid them in diagnosing and treating patients
• C) A manufacturing digital dashboard showing visualizations of inventory and production
• D) A dentist entering symptoms into a system to help diagnose and treat patients

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Definitions:

Average Variable Cost

The per unit cost of production excluding fixed costs, calculated by dividing the total variable costs by the quantity of output produced.

Short-Run Production

The period in which at least one input or factor of production is fixed, allowing firms to adjust only certain inputs to change output levels.

Average Total Cost

The total cost of production (fixed and variable costs) divided by the total quantity of output produced.

Marginal Cost

The additional cost incurred in the production of one extra unit of a good or service.