EBK MANAGEMENT INFORMATION SYSTEMS
16th Edition
ISBN: 9780135192047
Author: LAUDON
Publisher: VST
expand_more
expand_more
format_list_bulleted
Expert Solution & Answer
Chapter 12, Problem 4RQ
Explanation of Solution
Major decision making constituencies in an organization
- The main decision making constituency in an organization is operational management.
- It makes structured decisions based on day-to-day operations in an organization.
- It receives most information from transaction reporting systems and some information from Management Information Systems.
- The next decision making constituency is middle management.
- It makes structured decisions and semi structured decisions based on routine product reports from Management
Information System (MIS). - It uses exception reports in order to determine exceptional conditions...
Explanation of Solution
Management Information System providing decision support
- Management information systems (MIS) provide routine reports and summaries of transaction-level data to middle and operational level managers for providing answers to structured and semi structured decision problems.
- MIS provide information on the firm’s performance to help managers to monitor and control the business.
- They typically produce fixed, regularly scheduled reports based on the extracted data and the data summarized from the firm’s underlying transaction processing systems.
Decision Support System providing decision support
- Decision-support systems (DSS) provide analytical models or tools for analyzing large quantities of data and supportive interactive queries for middle managers who face semi structured situations...
Explanation of Solution
Balanced score card method
- A balanced scorecard focuses on measurable outcomes on four dimensions of a business’s performance which include financial, business process, customer, and learning and growth.
- Each dimension uses key performance indicators (KPIs) to understand how well an organization is performing on any of the dimensions at any time.
- The framework of a balanced scorecard requires managers to focus on more than just financial performance...
Explanation of Solution
Group Decision Support System (GDSS)
- A GDSS is an interactive computer-based system that facilitates the solution of unstructured problems by a set of decision makers working together as a group.
- GDSS have been developed in response to the growing concern over the quality and effectiveness of meetings.
- Hence it is an interactive computer based system that helps a number of decision makers in finding solutions to problems that are unstructured in nature...
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
(Short-answer) b. Continue from the previous question. Suppose part of the data you extracted from the data warehouse is the following. Identify the missing values you think exist in the dataset. Use Column letter and Row number to refer to each missing value in the dataset. Please write down how you want to address each particular missing value (you can group them if they receive same treatment). For imputation, you do not need to calculate the exact imputed values but just describe what kind of value you want to use to impute.
Please original work
Locate data warehousing solutions offered by IBM, Oracle, Microsoft, and Amazon
Compare and contrast the capabilities of each solution and provide several names of some organizations that utilize each of these solutions.
Please cite in text references and add weblinks
Need Help: Which of the following statements about confusion matrix is wrong
A) Confusion matrix is a performance measure for probability prediction techniques
B) Confusion matrix is derived based on classification rules with cut-off value 0.5
C) Confusion matrix is derived based on training partition to measure a model’s predictive performance
D) None of the above
Chapter 12 Solutions
EBK MANAGEMENT INFORMATION SYSTEMS
Ch. 12.3 - Prob. 1.1CQCh. 12.3 - Prob. 1.2CQCh. 12.3 - Prob. 1.3CQCh. 12.3 - Prob. 1.4CQCh. 12.4 - Prob. 2.1CQCh. 12.4 - Prob. 2.2CQCh. 12.4 - Prob. 2.3CQCh. 12.4 - Prob. 2.4CQCh. 12 - Prob. 1IQCh. 12 - Prob. 2IQ
Ch. 12 - Prob. 4IQCh. 12 - Prob. 5IQCh. 12 - Prob. 1RQCh. 12 - Prob. 2RQCh. 12 - Prob. 3RQCh. 12 - Prob. 4RQCh. 12 - Prob. 5DQCh. 12 - Prob. 6DQCh. 12 - Prob. 7DQCh. 12 - Prob. 8HMPCh. 12 - Prob. 9HMPCh. 12 - Prob. 13CSQCh. 12 - Prob. 14CSQCh. 12 - Prob. 15CSQCh. 12 - Prob. 16CSQCh. 12 - Prob. 17MLMCh. 12 - Prob. 18MLM
Knowledge Booster
Similar questions
- I have a few questions I need help with Statement: When we build a nearest neighbor model, we shall not remove the redundant dummies when coding a categorical variable. True or False Statement: One reason why a neural network model often requires a significant number of data observations to train is that it often has a significant number of model parameters to estimate even if there are only a few predictors. True or False. Which of the following statements about confusion matrix is wrong A) Confusion matrix is a performance measure for probability prediction techniques B) Confusion matrix is derived based on classification rules with cut-off value 0.5 C) Confusion matrix is derived based on training partition to measure a model’s predictive performance D) None of the abovearrow_forwardStudent ID is 24241357arrow_forwardWhich of the following methods help when a model suffers from high variance? a. Increase training data. b. Increase model size. c. Decrease the amount of regularization. d. Perform feature selection.arrow_forward
- 57 Formula 1 point Use shift folding, length 3, on the following value to calculate the Hash Value. 114184121 Type your answer...arrow_forwardWrite a program that reads a list of 10 integers, and outputs those integers in reverse. For coding simplicity, follow each output integer by a space, including the last one. Then, output a newline. Ex: If the input is: 2 4 6 8 10 12 14 16 18 20 the output is: 20 18 16 14 12 10 8 642 To achieve the above result, first read the integers into an array. Then output the array in reverse. 623802 1031906 nx3zmv7.arrow_forward6.3B-2. Multiple Access protocols (2). Consider the figure below, which shows the arrival of 6 messages for transmission at different multiple access nodes at times t=0.1, 0.8, 1.35, 2.6, 3.9, 4.2. Each transmission requires exactly one time unit. 1 2 3 4 t=0.0 t=1.0 t=2.0 t=3.0 5 6 t=4.0 t=5.0 For the slotted ALOHA protocol, indicate which packets are successfully transmitted. You can assume that if a packet experiences a collision, a node will not attempt a retransmission of that packet until sometime after t=5. 1 2 3 4 5 Karrow_forward
- Problem of checking Compile errors Runtime errors ======== } ng; } You have the following IQueue interface. Implement a Queue class derived from IQueue. You can use STL containers discussed in class, such as vector, queue, stack, deque, map. #include using namespace std; class IQueue { public: }; virtual void Enqueue(int val) virtual int Dequeue() = 0; virtual int Size() const = 0; int main() = 0; { Queue q; ===== } cout << q.Size() << endl; q. Enqueue(10); q.Enqueue(20); q. Enqueue(30); cout << q.Size() << endl; cout << q.Dequeue() << endl; cout << q.Size() << endl; cout << q.Dequeue() << endl; cout << q.Size() << endl; cout << q.Dequeue() << endl; cout << q.Size() << endl; ==== ====arrow_forwardlogicarrow_forwardQ1: For the Figure Below if the input to the first tank is step with magnitude 2 find 1. What type of relation between (tanks 1 and 2) and tank 3 2. Initial real value of H2, if the steady state value is 10 3. Final Value of H3 4. H1 at t=1.5 5. For the system tank1 and tank 2 only which case is applied to them (overdamping, underdamped or critically damping) A₁=1 A₂=1 Tank 1 R₁ = 2 * Tank 2 R₁₂=2 A3=0.5 hy R₁=4 Tank 3arrow_forward
- Please original work Talk about the most common challenges encountered in a data warehouse What are some creative ways to overcome those challenges What is for one real world example where your method would be effective Please cite in text references and add weblinksarrow_forwardWhat is the differences between mobile website navigation and traditional website navigation?arrow_forwardPoint 10:26 Explain P 10:26 10:25arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Database System ConceptsComputer ScienceISBN:9780078022159Author:Abraham Silberschatz Professor, Henry F. Korth, S. SudarshanPublisher:McGraw-Hill Education
Starting Out with Python (4th Edition)Computer ScienceISBN:9780134444321Author:Tony GaddisPublisher:PEARSON
Digital Fundamentals (11th Edition)Computer ScienceISBN:9780132737968Author:Thomas L. FloydPublisher:PEARSON
C How to Program (8th Edition)Computer ScienceISBN:9780133976892Author:Paul J. Deitel, Harvey DeitelPublisher:PEARSON
Database Systems: Design, Implementation, & Manag...Computer ScienceISBN:9781337627900Author:Carlos Coronel, Steven MorrisPublisher:Cengage Learning
Programmable Logic ControllersComputer ScienceISBN:9780073373843Author:Frank D. PetruzellaPublisher:McGraw-Hill Education
Database System Concepts
Computer Science
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:McGraw-Hill Education
Starting Out with Python (4th Edition)
Computer Science
ISBN:9780134444321
Author:Tony Gaddis
Publisher:PEARSON
Digital Fundamentals (11th Edition)
Computer Science
ISBN:9780132737968
Author:Thomas L. Floyd
Publisher:PEARSON
C How to Program (8th Edition)
Computer Science
ISBN:9780133976892
Author:Paul J. Deitel, Harvey Deitel
Publisher:PEARSON
Database Systems: Design, Implementation, & Manag...
Computer Science
ISBN:9781337627900
Author:Carlos Coronel, Steven Morris
Publisher:Cengage Learning
Programmable Logic Controllers
Computer Science
ISBN:9780073373843
Author:Frank D. Petruzella
Publisher:McGraw-Hill Education