Exam (elaborations)
C954 Flashcards-Section-Three
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- Be The Business Challenge C954
C954 Flashcards-Section-Three
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C954 Flashcards-Section-ThreeOperational level - ANS-Employees developed control and maintain core business
activities required to run the day today operations
Structured decisions - ANS-Involves situations where establish process offers potential
solutions
Managerial level - ANS-Employees are constantly evaluating company operations to
hone the firms ability to identify adapt to a leverage change
Unstructured decisions - ANS-Incurs in situation in which no procedures or rules exist to
guide decision making towards the correct choice
Strategic level - ANS-Managers develop overall business strategies goals and
objectives as part of the company strategic plan
Model - ANS-A simplified representation or abstraction of reality
Online transaction processing OLTP - ANS-The capture of transaction and event
information using technology to one process the information according to the define
business rules to store the information and three update existing information to reflect
the new information
Transaction processing system (TPS) - ANS-The basic business system that serves the
operational level analysis in our organization
Source document - ANS-Describes the original transaction record along with details
such as it state purpose and amount spent and includes cash receipt canceled checks
invoice customer refund employee timesheet etc.
Online analytical processing (OLAP) - ANS-The manipulation of information to create
business intelligence in support of strategy decision making
Decision support system (DSS) - ANS-Model information using olap which provides
assistance in evaluating and choosing among a different course of action
What if analysis - ANS-Checks the impact of a change in an assumption on the
proposed solution
, Sensitivity analysis - ANS-The study of the impact on other variables when one variable
is changed rapeatedly
Goal seeking analysis - ANS-Find the input necessary to achieve a goal such as
desired level of output
Optimization analysis - ANS-An extension of goal seeking analysis find the optimum
value for a target variable by repeatedly changing other variables subject to specified
constraints
Executive information system (EIS) - ANS-Specialized DSS that support senior level
executives within the organization
Granularity - ANS-Refers to the level of detail in the model or the decision making
process
Digital dashboard - ANS-Tracks key performance indicators KPIs critical success factors
CSF by compliance information from multiple sources and tailoring to meet your needs
Article intelligent (AI) - ANS-Simulate human intelligence such as the ability to reason
and learn
Intelligent system - ANS-Various commercial application of artificial intelligent
Neural network - ANS-A category of AI that attempts to emulate the way the human
brain works
Expert system - ANS-Computerized advisory programs that imitate the reasoning
processes of experts in solving difficult problems
Genetic algorithm - ANS-An artificial intelligence system that mimics the evolutionary
survival of the fittest process to generate increasingly better solutions to a problem
Intelligent agent - ANS-A special purpose knowledge based information system that
accomplished specific tasks on behalf of its users
Shopping bot - ANS-Software that will search several retailer websites and provide a
comparison each retailers offering including price and availability
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