Question: Decision Support Systems typically has software modules to perform a. What-if Analysis b. Sensitivity Analysis c. Goal Seeking Analysis. d. Optimization Analysis. The Purchase Department

Decision Support Systems typically has software

Decision Support Systems typically has software modules to perform a. What-if Analysis b. Sensitivity Analysis c. Goal Seeking Analysis. d. Optimization Analysis. The Purchase Department of an organization has implemented a DSS. Explain with a clear example for each of the above, how the analysis is used and the benefits it offers to the Purchase Department of an organization [6 marks]

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