Define simulation analysis

Q: Distinguish between turnkey, backbone, and vendor-supported systems.

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Q: Define client-side virtualization

A: The Answer :

Q: Explain efficient frontier?

A: Investors look for the portfolios that would generate maximum return at an allowable level of risk.…

Q: what type of information should be included in the systems analysis report?

A: System analysis is the examination of the business problem that organizations plan to solve with an…

Q: Define computer-integrated manufacturing.

A: Conversion Cycle:   A set of all processes that are used to collect inputs and convert them into…

Q: Explain how an embedded audit module works.

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Q: Define value chain.

A: Value Chain: Value Chain is the combination of activities including all the costs to do such…

Q: Solve

A: The spot rate is the cost cited for sure fire settlement on a loan fee, product, a security, or a…

Q: Define software development costs.

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Q: Define sensitivity analysis

A: The process to evaluate the effect of change in one variable on the end result of a project is…

Q: Briefly explain the major components of AIS

A: SOLUTION- ACCOUNTING INFORMATION SYSTEM (AIS) IS A WAY OF TRACKING ALL ACCOUNTING AND BUSINESS…

Q: What are POS Systems? Enumerate their advantages versus manual data collection systems.

A: Introduction: A point of sale (POS) system is used to monitor sales and receive consumer payments.…

Q: Briefly explain the usefulness of a sensitivity graph

A: A sensitivity graph depicts all the assumption results on the final outcome in the exercise of…

Q: What is SCM software?

A: Supply Chain Management: SCM (Supply Chain Management) refers to the wide variety of activities…

Q: Give an example of a system development life cycle flow chart?

A: The SDLC, or system development life cycle, seems to be fundamentally a project management paradigm.…

Q: What is data mining?

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Q: Describe the assumptions underlying CVP analysis?

A: Cost-Volume-Profit Analysis (CVP Analysis): CVP Analysis is a tool of cost accounting that measures…

Q: What is Monte Carlo simulation analysis?

A: Answer: Monte Carlo simulation is the methodology used to consider the financial, cost, and project…

Q: What is a Data Definition Language?

A: Data definition language is known as DDL. DDL is a set of SQL commands that can be used to define…

Q: What is a semantic data model?

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Q: Discuss the rules for linking events to resources and agents in an REA diagram.

A: REA Diagram: REA diagram is a technique which is used to establish the relationship between…

Q: calculate

A: A bond is long term debt instrument used by the government and corporations to raise money.

Q: explain the BEP analysis and the calculations + simple diagram

A: BEP stand for Break Even Point. Break-even point is a point company earns neither profit nor incurs…

Q: Distinguish between entity relationship diagrams, data flow diagrams, and system flowcharts.

A: Transaction Process System:   Transaction process system can be defined as a system designed to…

Q: Define Baumol model

A: The main usage of Baumol model is that it helps the firm in determining the cash balances under the…

Q: Describe the relationship between Simulation analysis, Scenario analysis and Sensitivity analysis –…

A: Sensitivity Analysis refers to an assessment of the impact of the changes in one variable on the NPV…

Q: How are system flowchart and program flowcharts related?

A: System flowchart(SF) is a way to display data flow in a system and the decision to be made for…

Q: Define efficient frontier

A: The efficient frontier is the collection of efficient portfolios, which provide the most expected…

Q: how to learn CAPM model?

A: In order to increase the return and reduce the risk, investors generally adding some securities to…

Q: Define staged decision tree

A: Introduction: Usually, a decision tree is a map or table used by people to evaluate a sequence of…

Q: Describe EOQ decision model.

A: Economic order quantity (EOOJ: Economic order quantity is ideal order quantity that the company…

Q: Define value-based management

A: SOLUTION:- VBM is a concept whih refers that management should firstly consider the interest…

Q: Explain the importance of documentation by the systems programmers.

A: Documentation:   Documentation refers to maintain a set of documents by a technical person in the…

Q: Define scenario analysis

A: Scenario means a situation or circumstance which is influenced by various factors. Various if and…

Q: Discuss the concept of Monte Carlo simulation

A: Monte Carlo is also know as multiple probability simulation and it furnishes the user with a range…

Q: What is the purpose of a systems analysis, and what type of information should be included in the…

A: Definition:   System analysis: System analysis is a course of action to gather the information…

Q: What is the name given to the systems development approach used to quickly produce a model of user…

A: System Development Approach: There are various approaches which can be used in order to develop a…

Q: What is the difference between system software and application software?

A: System Software is the software type which is the interface between system & application…

Q: Briefly explain the importance of conceptual or internal mapping in DBMS

A: This question explains about the importance or internal mapping DBMS:

Q: Explain the purpose of an ER diagram in database design.

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Q: Compare and contrast single equation and systems-based approaches to building models. How do we…

A: Explanation:- In economics, a number of approaches are used to evaluate models using only one…