Decision Support Systems Model Information Using OLAP, Which Provides Assistance

question 276

Multiple Choice

Decision support systems 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 her 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:

Aggregate Planner

A methodology used in manufacturing to determine optimal production levels, inventory levels, and workforce levels, considering various factors over a medium-term horizon.

Inventory

The total amount of goods or materials held in stock by a business or organization.

Backlog Costs

Expenses associated with delays in filling orders or meeting service obligations, often due to insufficient inventory or production capacity.

Level Strategy

A business approach that maintains steady production rates and workforce levels, even in the face of demand fluctuations, aiming for operational stability.