An actual DSS application that assists in the decision-making process of an organization (e.g., a DSS for investment portfolio management or a DSS for staff scheduling) is referred to as a:
A) specific DSS.
B) DSS generator.
C) planning DSS.
D) DSS model.
A
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For a small coffee cafe, which of the following is a nonvalue-adding activity?
a. Importing coffee beans b. Purchasing ingredients c. Cleaning up d. Operating the drive-through window
Industries that have an ETO process supply chain include ______.
A. aerospace and defense B. oil refineries C. computer manufacturing D. commodity production (e.g., salt, sugar)
Cameo Inc, a local company specializing in home repairs, is considering replacing its older van with a new and larger one. The estimated cost of the new van will be $45,000. Using a discount rate of 16%, the company calculates a net present value for the new van of $(7,000). Based on this information, which of the following statements is true?
A) The actual rate of return on the new van is negative. B) If the company purchases the van, they are guaranteed a rate of return of 16%. C) Using a higher discount rate should cause the net present value to become positive. D) If the actual cost of the new van ends up being less than $38,000, the net present value will become positive.
Referring to Scenario D.1, what is an appropriate objective function for this scenario?
A) Max Z = .12*Egg + .08*Tomato + .4*Chicken B) Max Z = 20*Protein + 15*VitaminA + 10*VitaminB C) Min Z = .12*Egg + .08*Tomato + .4*Chicken D) Min Z = 20*Protein + 15*VitaminA + 10*VitaminB