MIS 3305 Chapter Notes - Chapter 9: Fuzzy Logic, Massively Parallel (Computing), Mutation

• School: Baylor University
• Department: Management Information Systems
• Course: MIS 3305
• Professor: Esserman

Document Summary

A shopping bot is software that will search several retailer websites and provide a comparison of each retailer"s offerings including price and availability. What-if analysis checks the impact of a change in a variable or assumption on the model. Three characteristics of online transactional processing: stores the information, updates existing information to reflect the new information, and processes the information according to defined business rules. Steps in the decision-making process: problem identification, data collection, Goal-seeking analysis finds the inputs necessary to achieve a goal such as a desired level of output. Semi-structured decisions occur in situations in which a few established processes help to evaluate potential solutions, but not enough to lead to a definite recommended decision. At the strategic level, managers develop overall business strategies, goals, and objectives as part of the company"s strategic plan. The intelligent agent is a special-purpose knowledge-based information system that accomplishes specific tasks on behalf of its users.