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Decision Support Systems Support Optimization, Satisficing, and Heuristic Approaches

question 3

True/False

Decision support systems support optimization, satisficing, and heuristic approaches.


Definitions:

Feasible

Capable of being done or achieved; possible to do easily or conveniently.

Barter

Trading goods and services directly without involving money as an intermediary.

Barter System

An ancient method of exchange where goods and services are directly traded for other goods and services without using money.

Good

A material item that can be touched, used, or consumed, which is produced to fulfill wants or needs.

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