Diploma in Decision Support Systems for Managers

Name: Diploma in Decision Support Systems for Managers
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Learn how decision support systems summarise data in a valuable form to help managers make decisions in this course.

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Learning Outcomes

On successful completion of this course, you will be able to :

List the traditional approaches to modelling and their weaknesses
State the purpose of modelling in DSS
Distinguish between a structured and a semi-structured problem
Explain what is meant by a non-structured problem
List some commonly used forecasting techniques
Discuss why warehouses are cost centres
Distinguish between weight losing raw material and non-weight losing raw material
Explain forecasting
State the picking order
List the different order picking strategies
Indicate the differences between the rating and ranking employee selection method
Explain how the BCG (Boston Consulting Group) matrix works

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