Data, Models and Decisions (Fach) / Types of DSS (Lektion)
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accounting and financial models
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Models that calculate the consequenses of possible actions.
Examples include estimating of profitability of a new product; analysis of operational plans using a goal-seek capability, break-even analysis, and generating estimates of income statements and balanced sheets. These types of models should be used with "What if?" or sensifivity analysis.
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