A Decision Support System Consists of

question 57

Multiple Choice

A decision support system consists of

• A)dialog systems.
• B)model systems.
• C)data systems.
• D)All of the above.
• E)Only b and c above.

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Definitions:

Technology

The application of scientific knowledge for practical purposes, especially in industry and the development of new products or processes.

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two or more goods given a set of inputs.

Outward Shift

A movement of the supply or demand curve in an economic diagram indicating an increase in supply or demand, leading to changes in price and quantity.

Consumption Level

The total amount of goods and services that an individual or group consumes over a specific period.