Start learning 50% faster. Sign in now
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.
If all the digits of the number ‘9723654’ are arranged in ascending order from left to right, the position of how many digits will re...
How many such pairs of letters are there in the word TELEVISION each of which has as many letters between them in the words (both in backward and forwa...
If the digits of number “5628984” are arranged in increasing order from left to right then how many digits do not change their positions?
Find which one of the given words cannot be made from the letters of the word ‘COMPANIONSHIP’ .
If in the word ‘COMPENSATION’, all the vowels are changed to second preceding letter and rest of the letters are changed to the third succeeding let...
If T is related to Ahmedabad and X is related to Delhi in a certain way. Then, J is related to which of the following?
The Position of how many digits in the number “175389246”will remain unchanged when the digits are arranged in descending order from left to right?...
If the digits in the number 40723819 are arranged in descending order from left to right, what will be the resultant if the third digit from your left i...
How many such pair(s) of letters are in the word “ AGREEMENTS ” which has as many letters between them (both forward and backward) as in the English...
In relation to computer, what is ‘nibble’?