Page 76 - DCAP208_Management Support Systems
P. 76

Unit 5: Modeling and Analysis




          Static Model: A static model takes a single snapshot of a situation. During this snapshot,  Notes
          everything occurs in a single interval.
          Visual Simulation: Visual Simulation is the graphical display of computerized results, which
          may include animation.

          5.9 Review Questions

          1.   Describe the concept of modeling for MSS. Also discuss the various modeling issues.

          2.   Discuss the classification of Decision situation.
          3.   Make distinction between the Decision making under certainty and Decision making
               under uncertainty.

          4.   Explain the concept of MSS Modeling in Spreadsheets with example.
          5.   What is simulation? Discuss the characteristics of simulation.
          6.   Discuss the advantages and disadvantages of simulation.
          7.   Discuss the uses of Visual Interactive Simulation.
          8.   Illustrate the steps included in the simulation process.

          9.   Describe the process of Optimization via Mathematical Programming. Give example.
          10.  Analyse the difference between Discrete distributions and Continuous distributions.

          Answers: Self Assessment

          1.   Modeling                         2.   Influence diagram
          3.   Static                            4.  Dynamic

          5.   Certainty                        6.   Uncertainty
          7.   Risk analysis                    8.   True
          9.   False                            10.  Simulation
          11.  Discrete distributions           12.  Visual Simulation

          13.  Visual Interactive Modeling      14.  Linear programming (LP)
          15.  Mathematical programming

          5.10 Further Readings




           Books      Daniel Power, 2002, Decision Support Systems: Concepts and Resources for Managers,
                      Greenwood Publishing Group

                      Efraim Turban, 1995, Decision Support and Expert Systems: Management Support
                      Systems, Prentice Hall
                      Harry Katzan, 1984,  Management Support Systems, Van Nostrand Reinhold
                      Company
                      K. Sarukesi, 2004, Decision Support Systems, PHI Learning Pvt. Ltd.





                                           LOVELY PROFESSIONAL UNIVERSITY                                   69
   71   72   73   74   75   76   77   78   79   80   81