Why is intuition still an important aspect of decision making?
Answer to relevant QuestionsDefine 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.Why does a DSS need a DBMS, a model management system, and a user interface, but not necessarily a knowledge-based management system?1. Explain why solving the empty container logistics problem contributes to cost savings for CSAV.2. What are some of the qualitative benefits of the optimization model for the empty container movements?3. What are some of ...How does a data warehouse differ from a database? Describe the three steps of the ETL process.
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