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Principles of Information Systems ...

12th Edition
Ralph Stair + 1 other
Publisher: Cengage Learning
ISBN: 9781285867168

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BuyFindarrow_forward

Principles of Information Systems ...

12th Edition
Ralph Stair + 1 other
Publisher: Cengage Learning
ISBN: 9781285867168
Chapter 10, Problem 2RQ
Textbook Problem
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What is a satisficing model? What is an optimization model? Describe a situation where each should be used.

Program Plan Intro

ERP system:

  • It denotes software for business process management that permits an organization in using integrated applications in system.
  • It manages business and automates many back office functions linked to technology, services as well as human resources.
  • The ERP software assimilates all operation facets.
  • It includes product planning, engineering, development, marketing and sales.
  • It is performed in a single database, user interface as well as application.

Explanation of Solution

Satisficing model:

  • A satisficing model finds a good problem solution, although it may not be the best problem solution.
  • It is used when modeling the problem properly to achieve opt...

Explanation of Solution

Optimization model:

  • It denotes a process to find best solution and helps organization to meet its goals.
  • The eventual choice is usually sub-opti...

Explanation of Solution

Situation where Satisficing model is used:

A travelling salesman problem denotes a classic problem that seeks to find shortest route that allows salesperson to visit every destination and return to starting place...

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Chapter 10 Solutions

Principles of Information Systems (MindTap Course List)
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Ch. 10 - ______ decisions deal with typically onetime...Ch. 10 - A decision that inventory should be ordered when...Ch. 10 - A satisficing model is one that will find a good...Ch. 10 - A(n)_____ presents a set of key performance...Ch. 10 - The _____ defines the accounting categories of a...Ch. 10 - Financial accounting and managerial accounting are...Ch. 10 - ______ is an independent business unit that is...Ch. 10 - Decision support systems are designed solely for...Ch. 10 - What component of a decision support system allows...Ch. 10 - The ______ approach is a structured, interactive,...Ch. 10 - The _____ is a structured method for brainstorming...Ch. 10 - There are several multivoting processes that can...Ch. 10 - What is the difference between decision making and...Ch. 10 - What is a satisficing model? What is an...Ch. 10 - Identify and briefly describe the three stages of...Ch. 10 - What is the difference between a structured and an...Ch. 10 - Give several examples of heuristics that you use...Ch. 10 - Identify and briefly describe the basic kinds of...Ch. 10 - Describe the difference between a profit center,...Ch. 10 - How can a social networking site be used in a DSS?Ch. 10 - What are the primary activities supported by a...Ch. 10 - Describe the functions of a human resource MIS.Ch. 10 - What is a geographic information system? Give an...Ch. 10 - How can location analysis be used in a marketing...Ch. 10 - List some software tools used in group support...Ch. 10 - Identify and briefly describe the primary...Ch. 10 - State the objective of a group support system...Ch. 10 - Identify and briefly describe five decision-making...Ch. 10 - What is a decision room and when might one be...Ch. 10 - Think of an important problem you had to solve...Ch. 10 - Identify a problem that would benefit from using...Ch. 10 - Describe the key features of a human resource MIS...Ch. 10 - Why is auditing so important in a financial MIS?...Ch. 10 - Describe two industries where a marketing MIS is...Ch. 10 - Pick a company and research its human resource...Ch. 10 - Under what conditions and for what types of...Ch. 10 - What functions do DSSs support in business...Ch. 10 - How is decision making in a group environment...Ch. 10 - You have been hired to develop group support...Ch. 10 - Use the Internet to identify two GSS software...Ch. 10 - Use the Internet to identify three GSS software...Ch. 10 - Have your team make a group decision to identify...Ch. 10 - Have your team design a human resource MIS for a...Ch. 10 - Do research on the Web to find an example of an...Ch. 10 - Use the Internet to explore applications for...Ch. 10 - Software, such as Microsoft Excel, is often used...Ch. 10 - What decisions are critical for success in a...Ch. 10 - Describe the features of a decision support system...Ch. 10 - Irish Life had business software that was only...Ch. 10 - What steps can companies take to make sure that...Ch. 10 - What data do financial experts at a company like...Ch. 10 - Irish Life is now offering online tools that...Ch. 10 - As a manager, you must choose between two...Ch. 10 - As a manager of a Mando factory, you might be...Ch. 10 - Managers at Mando receive daily and monthly...Ch. 10 - Explain why it would be more difficult for Mando...Ch. 10 - What functional areas of Altitude Online are...Ch. 10 - How do MISs and DSSs provide a value add to...Ch. 10 - How do you think MISs and DSSs assist Altitude...Ch. 10 - How can the quality of information systems affect...

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