Name:_______________________________

 

  1. ???

 

 

  1. ???

 

 

 

Consider the Order-quantity, inventory-cost model:  Yi=(Ha*Ci)/2*Xi+Sf*Di*(1/Xi)

 

3.      ???

 

 

4.      ???

 

 

5.      ???

 

 

Consider the possible attributes of DSS as listed in slide 4, Chapter 3 handout. For each such attribute listed below, write 1-3 short sentences explaining how the attribute is true of the inventory DSS.  (If it is not true, write NO.) (If the answer is unclear, complete the sentence “Unclear because we are not told…”)

 

  1. Two major components: Data and Models

 

 

 

 

  1. Has what-if capabilities:

 

 

 

 

  1. Web-based

 

 

 

 

  1. Uses subjective, personal and objective data.

 

 

 

 

  1. Uses quantitative and qualitative models.