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A Decision Support System (DSS) is an interactive software application that aids managers in decision-making by analyzing data and presenting actionable insights. It leverages tools like statistical models, simulation techniques, and predictive analytics. • Why DSS is essential: DSS helps managers evaluate complex scenarios, forecast trends, and identify optimal solutions. For instance, a retail chain can use DSS to determine optimal inventory levels based on historical sales and seasonal demand. Why Other Options Are Incorrect: 1. Automate repetitive tasks: This is the role of Transaction Processing Systems (TPS), not DSS. 2. Generate periodic reports: This task is typically performed by Management Reporting Systems (MRS), which differ from DSS. 3. Monitor network traffic: This pertains to network management and cybersecurity, unrelated to DSS functionality. 4. Replace human decision-makers: DSS complements human decision-making; it does not replace it.
Read the directions carefully and answer the following question.
Seven persons T, U, V, W, X, Y and Z are sitting in the straight horizontal li...
D likes which of the colour?
What is the position of the one who likes Apple with respect to S?
If counted from the left of T, how many persons sit between T and Z?
Four of the following five are alike in a certain way and hence form a group. Find the one that doesn’t belong to that group.
Which of the following pair of persons are immediate neighbors?
Six persons Q, R, S, T, U and V sit around a circular table facing towards the center but not necessarily in the same order. S sits immediate right of T...
Five friends B, C, D, E and F are sitting in a straight line all facing in the north direction. B is sitting at one of the extreme ends. Three people ar...
Seven persons, R, S, T, U, V, W and X, sit along a linear row. All face in the south direction. T sits along the middle of the row. W sits second to the...
What is the position of D with respect to B?