CIS Final Exam - Chapter 9

Chapter 9 In Baltzan Book

25 cards   |   Total Attempts: 182
  

Cards In This Set

Front Back
Model
- a simplified representation or abstraction of reality
- can be used to: (calculate risks, understand uncertainty, change variables, manipulate time)
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Systems Used in Decision Making
(1) Transaction Processing System (TPS)
(2) Decision Support Systems (DSS)
(3) Executive Information Systems (EIS)
OLTP
Online Transaction Processing System:
the capturing of transaction and event information technology to:
a. Process the information according to defined business rules
b. Store the Information
c. Updates existing information to reflect new information
TPS
Transaction Processing System:
the basic business system that serves the operational level (analysts)
OLAP
Online Analytical Processing:
the manipulation of information to create business intelligence in support of strategic decision making
DSS
Decision Support System:
(1) Sensitivity Analysis
(2) What-if Analysis
(3) Goal-seeking Analysis
Organizational Levels
- Executives: Executive Information Systems (EIS)
- Managers: Decision Support Systems (DSS)
- Analysts: Transaction Processing Systems (TPS)
Sensitivity Analysis
The study of the impact that changes in one (or more) parts of the model have on other parts of the model
What-if Analysis
Checks the impact of a change in an assumption on the proposed solution
Goal-seek Analysis
Finds the inputs necessary to achieve a goal such as a desired level of output
Decision Making:
- Strategic
- Senior executives
- "what to do"
Decision Making:
- Tactical
- VP's
- "how to do it"
Decision Making:
- Operational
- Operations manager
- "do it"
EIS
Executive Information System:
a specialized DSS that supports senior-level executives within the organization
Capabilities of EIS's
Consolidation = aggregation of info. and features simple roll-ups to complex groupings of interrelated info.
Drill-down = enables users to get details, and details, of info.
Slice-and-dice = the ability to look at information from different perspectives