Term
| Reasons for decision making information systems |
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Definition
- analyize large amounts of information
- make decisions quickly
- apply sophisticated analysis techniques
- protect corporate asset of organizational information
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Term
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Definition
(Highest to Lowest)
- Executives
- Managers
- Analysts
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Term
Transaction Processing Systems
(TPS) |
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Definition
| the basic business system that serves the operational level (analyists) in an organization |
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Term
| Online Transaction Processing (OLTP) |
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Definition
the paturing of transaction and event information using technology to process, store and update information
(PSU) |
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Term
Online Analytical Processing
(OLAP) |
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Definition
| The manipulation of information to create business inteligence in support of strategic decision making |
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Term
Decision Support System
(DSS) |
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Definition
| Models information to support managers and business professionals during the decision-making process |
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Term
Three quantatative models used by Deision Support System (DSS)
(types of analysis) |
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Definition
- Sensitivity- study of the impact that changes in one part effects other parts
- What if-checks the impact of a change in an asumption on the proposed solution
- Goal seeking- finds the inputs necessary to achieve a goal such as a desired level of output
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Term
Executive Information System
(EIS) |
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Definition
| a specialized DSS that supports senior level executives witin the organization |
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Term
| Executive Information System (EIS) Capabilities |
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Definition
- Consolidation- the aggregation of information, features simple groupings of interrelated infomation
- Drill-Down: enables users to increasingly detailed infomation
- Slice-and-Dice: looks at information from different perspectives
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Term
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Definition
| Integrates information from multiple components and presents it in a unified display |
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Term
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Definition
| various commercial applications of artificial intelligence |
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Term
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Definition
| Simulates human intelligence such as the ability to reason and learn |
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Term
| Four categories of Artificial Intelligence (AI) |
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Definition
- Expert system- computerized advisory programs that immitate the reasoning processes of experts in solving problems
- Neural network- attempts to emulate the way the human brain works
- Genetic algorithm- AI system that mimics the evolutionary survival-of-the-fittest process to generate better solutions to a problem
- Inteligent agent- special-purposed knowledge-based information system that accomplishes specific tasks on bealf of its users
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Term
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Definition
| a technique usd to divide infomation into mutually exclusive groups |
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Term
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Definition
| reveals the degree to which variables are related and the nature and frequency of these relationships in the information |
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Term
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Definition
| analyzes websites and checkout scanner information to detect cstomers' buying behavior and predict future behavior by identifying affinities among choices |
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Term
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Definition
| performs such functions as information correlations, distributions, calculations, and variance analysis |
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Term
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Definition
- Materials flow from suppliers and their "upstream" suppliers at all levels
- Transformation of materials into semi finished and finished products through the organization's own production process
- Distribution of products to customers and their "downstream" customers at all levels
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Term
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Definition
| the ability to view all areas up and down the chain |
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Term
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Definition
| occurs when distorted product demand information passes from one entry to the next throughout the supply chain |
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Term
| Supply chain planning (SCP) software |
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Definition
| uses advanced mathematical algorithms to improve the flow and efficiency of the supply chain |
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Term
| Supply chain execution (SCE) software |
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Definition
| automates the different steps and stages of the supply chain |
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