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24 Cards in this Set

  • Front
  • Back
4 Things For Decision Making
Analyze large amounts of information

Make decisions quickly

Apply sophisticated analysis techniques

Protect the corporate asset of organizational information
Model
a simplified representation or abstraction of reality
Online transaction processing (OLTP)
capturing of transaction and event information using technology
Online analytical processing (OLAP)
manipulation of information to create business intelligence in support of strategic decision making
Sensitivity Analysis
is the study of the impact that changes in one parts of the model have on other parts of the model
What if Analysis
checks the impact of a change in an assumption on the proposed solution
Goal Seeking Analysis
finds the inputs necessary to achieve a goal such as a desired level of output
Consolidation
-involves the aggregation of information and features simple roll ups to complex groupings of interrelated information
Drill Down
enable users to view details of info
monthly and weekly and daily information
Slice and Dice
is the ability to look at information from the different perspectives
Digital Dashboards
integrate information from multiple components and tailor the information to individual preferences
Four AI Cat
Expert
Neural
Genetic
Intelligent agent
Expert
imitate the reasoning of humans to solve difficult problems
Neural
copying the way the human brain works
Fuzzy Logic
part of neural
-math method to handle incorrect information
Genetic
imitates survival of the fittest to create a better solution to a problem
Intelligent Agent
a knowledge based IS that complete tasks given by users
Data Mining
gathers information to uncover patterns and relationships

AI does this
Customer Facing Process
product received by a external customer
Business Facing Process
processes that regular customers do not see
Business Process Improvement
attempts to understand and measure the current process and make performance improvements accordingly
Business Process Re engineering
redesign a process that is not functioning well
Business Process Modeling
the activity of creating a detailed flow chart or process showing all the activities of a business
Business Process Model
shows the sequence of process tasks