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fin-0003 - iflK/ADil/IS 251 F inal Examination — Answer...

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Unformatted text preview: . / iflK/ADil/IS 251- F inal Examination — Answer Key — Page 3 99/ WWW ‘ 8’ may want to optimize amount of inventory to carry at each distribution centre (DC) 0 which DC's should stock which products, service which intemet orders 0 BPS may want to analyze best place to locate a new DC, or whether to close a DC 0 Allow systematic ‘ is 0" ' may wan o ana yze whether to close a DC 0 ... whether to invest in more DC's o whether to include more product lines, discontinue product lines 0 Can be integrated with source data Maw from its operations data bases (cg. web transaction or all customer transaction database, inventory database), 0 or from a specially developed data warehouse 0 Good tool for supporting group work «- 0 ., lymm together to define, problems, develop decision models, select appropriate solutions using DSS to analyze issues 0 Suited to semi-structured problem-solvin 2110110 a broad ranoe of complexity ’ can analyze when and where to invest in more DOS 0 ... whether to include more product lines, discontinue product lines o whether to pursue new business growth strategies such as vertical integration along the supply chain (eg. buy some suppliers) - Help enable fasterd i ' - i ' se DSS to quickly assess risk, various alternatives for locations roduct lines, F) Would you recommend that BPS develop a data warehouse for use with their DSS? Support your recommendation by describing either: (i) characteristics and advantages of ‘ a data warehouse that would make it suitable for BPS; or (ii) disadvantages/constraints of a data warehouse and better alternatives for BPS. (3 marksT" (no mark for recommendation, one mark for each appropriate su ortin oint: ie — for ” es" ndation — advantages app lea e to S; Session 6, O/H 27 student mrght also use termlnology from an . p. 119 re. characteristics of data warehouse — for "no" recommendation - disadvantages applicable to BPS and appropriate alternative data sources; Session 6, O/H 28) yes, develop a data warehouse: - Data is: — Neatly organized ...
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