Question: Define scenario How is a scenario used in decision making
Define scenario. How is a scenario used in decision making?
Answer to relevant QuestionsDefine optimization and contrast it with suboptimization.How can a DSS support the implementation of a decision?Define efficiency and effectiveness, and compare and contrast the two.Efficiency refers to the proper utilization of resources, doing things right. Effectiveness refers to the attainment of goals, doing the right things.Some experts believe that the major contribution of DSS is to the implementation of a decision. Why is this so?What were the benefits of implementing an EDW at Isle? Can you think of other potential benefits that were not listed in the case?
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