Exercise: Management Information Systems

Questions for: Management Information Systems

_____ are knowledge based system to which present rules are applied to solve a particular problem.
A:
ES
B:
AI
C:
KBS
D:
Base rule 0
Answer: A
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An EOQ formula is an example of a(n)
A:
optimizing model
B:
static model
C:
deterministic model
D:
All of the above
Answer: D
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Inventory is also referred to as:
A:
stock
B:
warehouse capacity
C:
materials
D:
materials in hand
Answer: A
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Critical path of the PERT chart is:
A:
path which takes the longest time to complete the project
B:
the shortest path
C:
both of the above
D:
path which takes the shortest time to complete the project
Answer: A
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A lockbox service is used for
A:
depositing cash when bank is closed
B:
paying bank customer bills automatically
C:
storing papers in a bank vault
D:
depositing payments to bank customers
Answer: D
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