Nt1330 Final
Table of Contents
Question No
Question
Page No
1 (a)
Define Management Information System? How it is important for an organization? Explain.
1-4
1 (b)
Define System. What are the different types of Systems? Explain with examples.
5-6
2
List and explain all types of business information systems.
7-17
4
Briefly the below terminology with an example
i. Data Warehouse ii. Data Mining iii. On-line Analytic Processing (OLAP) iv. Open Database Connectivity (ODBC)
18-27
5 (b)
List and briefly explain the three level of Decision Support System technology.
28
5 (c)
List down th stepd on how Decision Support System is developed.
28-30
5 (d)
Briefly Explain
i. GDSS ii. EIS
31-34
6 (a)
Explain with example the stage in System Development Life Cycle
35-36
6 (b)
How Rapid Application Development (RAD) can system development in an organization?
37-38
References
39
Question 1
a. …show more content…
Loan departments are interested in expert systems for mortgages because of the growing cost of labour, which makes the handling and acceptance of relatively small loans less profitable.
They also see a possibility for standardised, efficient handling of mortgage loan by applying expert systems, appreciating that for the acceptance of mortgages there are hard and fast rules which do not always exist with other types of loans.
Another common application in the financial area for expert systems are in trading recommendations in various marketplaces. These markets involve numerous variables and human emotions which may be impossible to deterministically characterize, thus expert systems based on the rules of thumb from experts and simulation data are used. Expert system of this type can range from ones providing regional retail recommendations, like Wishabi, to ones used to assist monetary decisions by financial institutions and
Question No
Question
Page No
1 (a)
Define Management Information System? How it is important for an organization? Explain.
1-4
1 (b)
Define System. What are the different types of Systems? Explain with examples.
5-6
2
List and explain all types of business information systems.
7-17
4
Briefly the below terminology with an example
i. Data Warehouse ii. Data Mining iii. On-line Analytic Processing (OLAP) iv. Open Database Connectivity (ODBC)
18-27
5 (b)
List and briefly explain the three level of Decision Support System technology.
28
5 (c)
List down th stepd on how Decision Support System is developed.
28-30
5 (d)
Briefly Explain
i. GDSS ii. EIS
31-34
6 (a)
Explain with example the stage in System Development Life Cycle
35-36
6 (b)
How Rapid Application Development (RAD) can system development in an organization?
37-38
References
39
Question 1
a. …show more content…
Loan departments are interested in expert systems for mortgages because of the growing cost of labour, which makes the handling and acceptance of relatively small loans less profitable.
They also see a possibility for standardised, efficient handling of mortgage loan by applying expert systems, appreciating that for the acceptance of mortgages there are hard and fast rules which do not always exist with other types of loans.
Another common application in the financial area for expert systems are in trading recommendations in various marketplaces. These markets involve numerous variables and human emotions which may be impossible to deterministically characterize, thus expert systems based on the rules of thumb from experts and simulation data are used. Expert system of this type can range from ones providing regional retail recommendations, like Wishabi, to ones used to assist monetary decisions by financial institutions and