OPRE 3330 QUESTIONS WITH VERIFIED ANSWERS
The decisions concerning an organization's goal and future plans called - Answers -
Strategic Decisions
Tactical Decisions define - Answers - the steps taken to achieve the goals and
objectives
Picks and Axes Inc. is an Internet-based retail seller of hiking boots and
,mountaineering gear. The company decided to open retail stores across the major
areas of the city to compliment its Internet-based strategy. This activity would be
categorized as a(n)
A)Tactical Decision
B)Operational Decision
C)Strategic Decision
D)Financial Decision - Answers - Strategic Decisions
(blank) is the most critical step of the decision making process - Answers - Identifying
and defining the problem
Date driven decisions making tends to decrease a firms - Answers - Risk
Data dashboards are a type of (blank) analytics - Answers - Descriptive
The extraction of information on the number of shipments, how much was included in
each shipment, the date each shipment was sent, and so on form the manufacturing
plants database exemplifies - Answers - Data Queries
Corporate-level managers use (blank) to summarize sales by region, current, inventory
levels, and other company-wide metrics all in a single screen - Answers - Data
Dashboards
a forecast that helps direct police officers to areas where crimes are likely to occur
based on past data is an example of - Answers - Predictive analysis
Which one of the following is used in predictive analysis
A)Data Dashboard
B)Linear Regression
C)Data Visualization
D)Optimization Model - Answers - Linear Regression
The decisions concerning an organization's goal and future plans called - Answers -
Strategic Decisions
Tactical Decisions define - Answers - the steps taken to achieve the goals and
objectives
Picks and Axes Inc. is an Internet-based retail seller of hiking boots and
,mountaineering gear. The company decided to open retail stores across the major
areas of the city to compliment its Internet-based strategy. This activity would be
categorized as a(n)
A)Tactical Decision
B)Operational Decision
C)Strategic Decision
D)Financial Decision - Answers - Strategic Decisions
(blank) is the most critical step of the decision making process - Answers - Identifying
and defining the problem
Date driven decisions making tends to decrease a firms - Answers - Risk
Data dashboards are a type of (blank) analytics - Answers - Descriptive
The extraction of information on the number of shipments, how much was included in
each shipment, the date each shipment was sent, and so on form the manufacturing
plants database exemplifies - Answers - Data Queries
Corporate-level managers use (blank) to summarize sales by region, current, inventory
levels, and other company-wide metrics all in a single screen - Answers - Data
Dashboards
a forecast that helps direct police officers to areas where crimes are likely to occur
based on past data is an example of - Answers - Predictive analysis
Which one of the following is used in predictive analysis
A)Data Dashboard
B)Linear Regression
C)Data Visualization
D)Optimization Model - Answers - Linear Regression
