Which of the following is a reason for ERPs explosive growth?
A. ERP is a logical solution to the mess of incompatible applications
B. ERP addresses the need for global information sharing and reporting
C. ERP is used to avoid the pain and expense of fixing legacy systems
D. All of the above
Answer: Option D
A. Is possible when the variables value is known
B. Reduces the scope of judgement & intuition known with certainty in decision-making
C. Require the use of computer software
D. None of the above
A. Must be deterministic
B. Requires computer aid for its solution
C. Represents data in numerical form
D. All of the above
A physical model is example of.
A. An iconic model
B. An analogue model
C. A verbal model
D. A mathematical model
The qualitative approach to decision analysis relies on.
A. Experience
B. Judgement
C. Intuition
D. All of the above
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